Renovated Office Portfolio with
For Sale
Contact for pricing
1131 W Blackhawk St, Chicago, IL 60642
Three adjacent renovated brick and timber office buildings totaling 80,550 SF, with room to add 27,401 SF.
Property Size80,550 SF
Days on Market125
Property Features for 1131 W Blackhawk St
General Information
Standard status
Active
Size
80,550 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Building Details
Construction
brick and timber
Listing Agency:
SVN | Chicago Commercial
Listed By:
Stephen Cusano · License #IL 475150860
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 9:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
The Goose Island Office Portfolio includes three adjacent, completely renovated brick and timber office buildings totaling 80,550 square feet, with the ability to add an additional 27,401 square feet. The offering is positioned for tenants seeking modern office space within an established submarket.
Located in the Goose Island area at 1131 W Blackhawk Street and 1340–65 N Cherry Street, the Portfolio is described as offering strong connectivity. It is one block to the Chicago Water Taxi stop, 0.3 mile to a CTA bus stop and a Divvy station, 0.5 mile to 90/94, 0.6 mile to the CTA Red Line ‘L’ stop, 0.9 mile to the proposed new Metra stop/606 trail extension, and 1.1 miles to Clybourn Metra Stop.
The Portfolio is in Enterprise Zone 4 within the City of Chicago. The remarks state Enterprise Zones may provide incentives including sales tax exemption on building material purchases, exemption from City of Chicago Real Estate Transfer Tax for buyer and seller, and additional investment tax credits from the State of Illinois. The surrounding tenant and employer base referenced in the remarks includes Mars Food, Marshall Associates, the Wrigley Technology Center, Amazon, and FedEx.
Located in the Goose Island area at 1131 W Blackhawk Street and 1340–65 N Cherry Street, the Portfolio is described as offering strong connectivity. It is one block to the Chicago Water Taxi stop, 0.3 mile to a CTA bus stop and a Divvy station, 0.5 mile to 90/94, 0.6 mile to the CTA Red Line ‘L’ stop, 0.9 mile to the proposed new Metra stop/606 trail extension, and 1.1 miles to Clybourn Metra Stop.
The Portfolio is in Enterprise Zone 4 within the City of Chicago. The remarks state Enterprise Zones may provide incentives including sales tax exemption on building material purchases, exemption from City of Chicago Real Estate Transfer Tax for buyer and seller, and additional investment tax credits from the State of Illinois. The surrounding tenant and employer base referenced in the remarks includes Mars Food, Marshall Associates, the Wrigley Technology Center, Amazon, and FedEx.
Key Highlights
- Goose Island Office Portfolio features 3 adjacent, completely renovated brick and timber office buildings totaling 80,550 SF
- Potential to add 27,401 SF to the portfolio
- Located at 1131 W Blackhawk St and 1340‑65 N Cherry St in the Goose Island submarket of downtown Chicago
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,316
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office building - Three adjacent renovated brick and timber office buildings totaling 80,550 SF, with room to add 27,401 SF.
Where is this office building located?
The property is located at 1131 W Blackhawk St Chicago, IL.
What are key features of this property?
This property features: Goose Island Office Portfolio features 3 adjacent, completely renovated brick and timber office buildings totaling 80,550 SF; Potential to add 27,401 SF to the portfolio; Located at 1131 W Blackhawk St and 1340‑65 N Cherry St in the Goose Island submarket of downtown Chicago
