1901 N Springfield Ave Chicago, IL 60647
- Flex space
- 147,000 SF
Current Use by Public Records
- Flex space
Property Details for 1901 N Springfield Ave
- Property size
- 147,000 SF
- Property type
- Flex space
Description
This exceptional 147,000-square-foot industrial building in Chicago's vibrant Logan Square neighborhood offers a prime flex space opportunity. Currently, 40,000 square feet of vacant space is available, divisible down to 4,000-square-foot units, perfect for a variety of businesses. The lower level boasts convenient access to a loading dock and a 10,000-pound capacity freight elevator, enhancing operational efficiency. The space features a desirable 10-foot ceiling height, providing ample vertical clearance. Ideal for diverse uses, including artists' studios, photography businesses, light manufacturing, warehousing, and office space, this property caters to small to mid-sized enterprises. The lease rate is based on the full 40,000-square-foot occupancy, with a higher rate for smaller, subdivided spaces. This multi-tenant, multi-use building underwent a complete renovation in 2020, resulting in updated electrical, water, and gas systems. Its strategic location, just two blocks from the popular 606 Trail, adds significant appeal. The property is zoned M1-1 and situated in Cook County, Illinois, with a 1,200 amp, 120-240 volt, 3-phase heavy power supply. This is a single-tenant occupancy building.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7240574
- Latitude
- 41.9153798
