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1686 N Ada St Chicago, IL 60608

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For Sale
$1,700,000

Three-parcel portfolio near Lincoln Yards development with diverse potential.

Property size:
6,085 SF
Lot size:
0.14 Acres

Property Features for 1686 N Ada St

General Information

Size
6,085 SF
Lot size
0.14 Acres

Source: @Properties | Chicago (North) Agent Lucas Blahnik

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


Overview

Unique Chicago River Portfolio

This three-parcel portfolio is located along the North Branch of the Chicago River, adjacent to the Lincoln Yards development. The assembly includes a raw artist studio, a timber loft residence, and a timber warehouse. The parcels can function separately or collectively. The warehouse at 1686 N Ada spans roughly 100' x 60' with ceiling heights ranging from 14 to 16 feet. It features multiple skylights and a large overhead door opening onto Ada Street. The residence at 1684 N Ada is a converted factory transformed into a private residence with approximately 3,500 square feet of live/work space. Currently configured as a one-bedroom, two-bathroom home with open living spaces, it includes a large gallery opening to a courtyard. The gallery could be converted into additional bedrooms. The building underwent complete renovation approximately 15 years ago, including radiant heated floors, a tear-off roof, new steel windows and doors, and the addition of outdoor space. It provides parking for 2+ cars in the indoor garage and several more in the private courtyard. The raw studio space at 1682 N Ada offers over 7,000 square feet and connects the other two parcels. It could be a continuation of the residence or support the warehouse with bathrooms, a kitchen, and a bar. The M3-3 zoning allows for a variety of uses and additional FAR and height. The residence at 1686 is currently used as an event space hosting weddings, parties, and photo shoots, with bookings through October 2025. The location provides abundant nearby parking with easy highway and downtown access. Several music venues are nearby, including The Salt Shed, Outset, and The Hideout. The Lincoln Yards development across the street will bring thousands of residential and office spaces to the area, along with infrastructure improvements like parks and a continuation of the 606 trail. The property size is 6,085 square feet.
Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

Similar Places Nearby

Bounce Luggage Storage - Near Bartelme (Mary) Park, Self Storage, Extra Space Storage, Extra Space Storage, Extra Space Storage

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6628449
Latitude
41.9131333

FAQs

What type of property is this?
Warehouse - Three-parcel portfolio near Lincoln Yards development with diverse potential.
Where is this warehouse located?
The property is located at 1686 N Ada St Chicago, IL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: - Three-parcel portfolio adjacent to the Lincoln Yards development, offering significant investment and development potential.; - Unique live/work spaces including a timber loft residence, raw artist studio, and timber warehouse, providing diverse usage options.; - M3-3 zoning allows for a wide variety of uses, additional FAR, and height, increasing development flexibility.
More about this property
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