3850 W Cortland St Chicago, IL 60647

Located in the Logan Square neighborhood of Chicago, 3850 West Cortland Street is a 147,000 square foot multi-tenant industrial/flex building available for purchase. Situated on a 48,000 square foot land parcel, the property offers income potential. The building generates a net operating income of $443,000 as of July 1, 2025, with additional income potential from 40,557 square feet of available space. The property houses a mix of short- and long-term tenants across creative, industrial, and office sectors. All leases include ownership cancellation rights. The building features four interior dock loading areas with two levelers, six drive-in doors, and a 10,000-lb freight elevator. Updated electrical, water, and gas service are in place. Ceiling heights are 17 feet on the first floor, 14 feet on the second floor, and 10 feet in the usable lower level. The property has 488 feet of frontage on Springfield Avenue. Several units feature large windows, skylights, and modernized HVAC systems. On-site management and 24/7 access are provided. Located at the intersection of Armitage and Springfield, the property is positioned at the junction of Logan Square, Humboldt Park, and Hermosa, with access to CTA and Metra transit, major highways, and truck routes. It is two blocks from the 606 Trail and adjacent to Marine Leadership Academy and Sharon Christa McAuliffe Elementary School. Potential incentive programs include TIF, Enterprise Zone, Underserved Area (EDGE), and HUBZone eligibility.