1648 Kinzie St Chicago, IL 60622

Property Details for 1648 Kinzie St

Year built

1908

Property size

30,000 SF

Property type

Life science properties

Property subtype

Office Properties & Spaces

Description

This exceptional 30,000-square-foot mixed-use property at 1648 W. Kinzie Street in Chicago's Kinzie Corridor presents a unique redevelopment opportunity. The vacant, multi-tenant building, constructed in 1908, features two buildings with three stories each, offering 12' to 20' ceiling heights. The property sits on a 12,721-square-foot lot and boasts an additional 38,163 square feet of air rights, allowing for significant expansion potential. The first floor of the main building features concrete and steel construction with drive-in door access. The northern building offers expansive 8,589-square-foot floor plates showcasing exposed brick, concrete, and heavy timber, all accessible via a central elevator shaft. The property benefits from PMD 4A zoning, allowing for adaptive reuse and a variety of development options. Its prime location offers excellent visibility to Metra commuters (over 90,000 daily riders), proximity to major interstates (I-90/94 & I-290), and convenient access to public transportation, including the Green and Pink Line L stations and Metra service. The surrounding area is experiencing significant growth, with nearby attractions such as Brew Yards and Altitude Trampoline Park, and the presence of numerous healthcare institutions and thriving incubators like the ICNC's Make City Incubator and the Hatchery food incubator. This location offers easy access to the West Loop, Fulton Market, River West, Goose Island, and Wicker Park neighborhoods, making it an ideal location for a variety of businesses. The property is offered fee simple.

Location Insight

City

Chicago

County

Cook

State

Illinois

Longitude

-87.6687

Latitude

41.889