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Two-Story Brick Flex Building
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For Lease
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401 N Wood Street, Chicago, IL 60622

Flexible industrial space combines loft offices with production, loading, and studio functionality.

Space SizeContact for details
Property Size11,250 SF
Days on Market5

Property Features for 401 N Wood Street

General Information

Standard status Active
Size 11,250 SF

Warehouse & Industrial

Clear Height 13 ft
Office Build-Out 5,500 SF
Power 880 amps
Heavy Power Yes

Additional Details

Sublease Yes

Taxes and HOA fees

Annual Taxes $46,165

Building Details

Building Size 11,250 SF
Year Built 1919
Buildings 1
Stories 2
Units 2
Construction brick
Listing Agency: Vesta Preferred LLC
Listed By: Matthew Williams
Source: Midwestrealestate
Added: Aug 6 Changed: Aug 7 Last Checked: Aug 9 at 1:16PM

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 Vesta Preferred LLC

Investment Insights

Based on property information with market context.

This two-story brick flex property totals 11,250 square feet and includes a basement. Constructed in 1919, the building offers approximately 5,500 square feet of creative loft and office space on the second floor, with exposed brick, original wood flooring, high ceilings, and abundant natural light. The first floor supports manufacturing and warehouse operations with 13-foot clearance, one overhead door, one interior dock, a spray booth, heavy floor loading, gas heat, and heavy power rated at 880. An elevator lift serves the building.

Located at 401 N Wood Street in Chicago, the property is minutes from downtown and within a short walk of bus and train service. Grand Avenue restaurants and shops are two blocks away, with microbreweries, Union Park, and the Fulton district nearby. Off-street parking is available separately. The space is offered for sublease through January 2028.

Key Highlights

  • 11,250‑square‑foot two‑story brick building with basement, built in 1919
  • Approximately 5,500 square feet of second‑floor creative loft and office space
  • First‑floor manufacturing area with 13‑foot ceiling clearance

Property Analytics

Current Use

Chrome City Creative Marketing & Advertising Chicago Heart Training Training Center

Suggested Use

Top Pick Auto Parts Store Storage Facility Auto Repair Shop Building Supply Accounting Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13 ft
Clear height
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

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

$16.09 /SF/Yr
Avg Asking Price
$4.5–$34 /SF/Yr
Price Range
23,211 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible industrial space combines loft offices with production, loading, and studio functionality.
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‑square‑foot two‑story brick building with basement, built in 1919; Approximately 5,500 square feet of second‑floor creative loft and office space; First‑floor manufacturing area with 13‑foot ceiling clearance
More about this property
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