431 Wolcott AveChicago, IL 60622

Property Details for 431 Wolcott Ave

Property type

Retail properties

Property subtype

Retail space

APN

17-07-237-038

APU

1707237038

Description

This exceptional 28,442-square-foot executive office building, located at 431 N Wolcott Ave in Chicago's Kinzie Corridor (Cook County, IL 60622), presents a unique investment opportunity. Priced at $2,950,000 ($103.72/sq ft), the property is currently vacant, offering immediate occupancy for a discerning buyer. The building boasts attractive masonry and timber loft construction, showcasing exposed columns and beams, creating a unique and desirable aesthetic. The expansive 26,456-square-foot lot allows for significant potential. A notable feature is the ability to expand the building by approximately 6,000 square feet by adding exterior walls to two lower rooftop areas, providing substantial future growth opportunities. On-site parking accommodates 33 vehicles in an attached lot. The property's prime location near the West Loop and Fulton Market District offers excellent accessibility and visibility. Furthermore, the potential for abundant outdoor space and multiple roof decks adds significant value. The property is conveniently situated just 0.3 miles from a new CTA Green Line station currently under construction at Lake and Damen, enhancing its accessibility and appeal. The property's APN is 17-07-237-038-0000 and is zoned PMD-4.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8894

Longitude

-87.6738

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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