Two-Story Industrial Building with Loft
For Lease
Contact for pricing
401 N Wood Street, Chicago, IL 60622
Commercial Lease, Chicago, IL
Space Size11,250 SF
Lot Size0.15 Acres
Days on Market50
Property Features for 401 N Wood Street
General Information
Property type
Commercial Lease
Property subtype
Other
Directions
GRAND AVE WEST TO WOOD ST, SOUTH ON WOOD ST
Subdivision
CHI - West Town
Standard status
Active
APN
17072380070000
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
46165
Utilities
Cooling system
Central Air
Building Details
Year built
1919
Floors in Building
2
Number of units
2
Building materials
Brick
Listing Agency:
Vesta Preferred LLC
(773) 645-4455
Listed By:
Matthew Williams
(773) 645-4455
Added: Jul 13
Changed: Aug 19
Last Checked: Aug 31 at 12:06PM
MLS# 12703320
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Sublease opportunity through January 2028 at 401 N Wood Street, a two-story brick industrial building with a basement built in 1919. The property includes approximately 5,500 square feet of creative loft/office space on the second floor, described as having views of downtown Chicago. The first floor is configured as a manufacturing shop with 13-foot ceiling clearance, one overhead door, and one interior dock, with a spray booth available for use on the first floor.
The building also offers natural light and period features including exposed brick walls, original wood floors, and high ceilings. Amenities and site improvements include an elevator lift, a loading dock, gas heat, heavy floor load, and heavy power (880). Off-street parking is available separately. The space is minutes to downtown, within a short walk to bus and train lines, and about two blocks to Grand Avenue restaurants and shops, with microbreweries nearby.
This configuration supports flexible options for creative loft office/artist studio use, light manufacturing, or warehouse needs for a growing company.
The building also offers natural light and period features including exposed brick walls, original wood floors, and high ceilings. Amenities and site improvements include an elevator lift, a loading dock, gas heat, heavy floor load, and heavy power (880). Off-street parking is available separately. The space is minutes to downtown, within a short walk to bus and train lines, and about two blocks to Grand Avenue restaurants and shops, with microbreweries nearby.
This configuration supports flexible options for creative loft office/artist studio use, light manufacturing, or warehouse needs for a growing company.
Key Highlights
- 11,250 SF two‑story brick industrial building plus basement, built in 1919
- Second‑floor creative loft/office space totaling approximately 5,500 SF with downtown Chicago views
- First‑floor manufacturing shop with 13‑foot ceiling clearance, 1 overhead door, and 1 interior dock
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Yes
Heavy power
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,903
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$17.57 /SF/Yr
Avg Asking Price
$5.5–$36 /SF/Yr
Price Range
23,708 SF
Avg Space Size
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Flex space - Sublease available through January 2028 with creative second-floor loft/office and a first-floor manufacturing shop.
Where is this flex space located?
The property is located at 401 N Wood Street Chicago, IL.
What are key features of this property?
This property features: 11,250 SF two‑story brick industrial building plus basement, built in 1919; Second‑floor creative loft/office space totaling approximately 5,500 SF with downtown Chicago views; First‑floor manufacturing shop with 13‑foot ceiling clearance, 1 overhead door, and 1 interior dock
