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    21 S Racine Ave Chicago, IL 60607

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    For Sale
    Contact for pricing

    18,626 sq. ft. flex/industrial space in Chicago.

    Property size:
    18,626 SF
    Lot size:
    0.25 Acres

    Property Features for 21 S Racine Ave

    General Information

    Size
    18,626 SF
    Lot size
    0.25 Acres

    Source: JLL - Corporate Agent Dominic Carbonari

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Loop/Fulton Market Opportunity

    This 18,626 sq. ft. property, suitable for sale or lease, is located in Chicago's West Loop / Fulton Market neighborhood. The property is surrounded by major employers and Fortune 500 headquarters. It is located in the 34th Ward and has DX-3 zoning. The Racine Station (Blue Line) is a 9-minute walk away, and the Morgan Station (Green & Pink Lines) is a 14-minute walk away. The property is suitable for flex space and industrial purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Big Monster toys Toy And Game Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Moe's Southwest Grill, Apple Spice Box Lunch Delivery & Catering Chicago, IL, JJ Catering & Events, Taylor's Tacos, Jarabe - Taqueria

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6567873
    Latitude
    41.8808936

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    FAQs

    What type of property is this?
    Flex space - 18,626 sq. ft. flex/industrial space in Chicago.
    Where is this flex space located?
    The property is located at 21 S Racine Ave Chicago, IL.
    What are key features of this property?
    This property features: - Prime West Loop / Fulton Market Location; - Significant 18,626 sq. ft. Opportunity; - Surrounded by Major Employers & Fortune 500 Headquarters
    (312) 782-5800
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 S Racine Ave Chicago, IL 60607
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