Kinzie Corridor Redevelopment Near Fulton Market

Investment Overview

1648 West Kinzie Street presents a rare opportunity to acquire a 30,000 SF redevelopment asset in Chicago’s highly sought-after Kinzie Corridor. Positioned at the intersection of the rapidly expanding Fulton Market district and the transformative West Side growth corridor, the property offers investors, developers, and owner-users the chance to reposition a substantial urban industrial building in one of the city’s most dynamic locations. The existing improvements feature a highly functional layout with three (3) drive-in doors, high-bay crane space, direct street access, and 22'+ clear ceiling heights. Constructed with a combination of brick & timber, concrete & steel, the building offers authentic industrial character paired with robust structural integrity. Additional features include a decommissioned freight elevator, skyline views, and the potential to create a large rooftop deck with panoramic 360-degree views of Chicago’s skyline, creating compelling adaptive reuse possibilities for creative office, showroom, entertainment, residential loft, or mixed-use concepts. Strategically located within Enterprise Zone 4, the property may benefit from valuable development incentives while also offering exceptional visibility along the Metra rail corridor with signage exposure to 90,000+ daily riders. Accessibility is unmatched, with immediate connections to I-90/94, I-290, and the Ashland CTA Station all within approximately one mile. The surrounding area continues to experience extraordinary momentum fueled by the success of Fulton Market, home to global corporate headquarters, premier dining, entertainment, luxury residential development, and emerging high-end retail. Additionally, the nearby $7 billion “1901 Project” surrounding the United Center is set to reshape Chicago’s West Side with approximately 55 acres of mixed-use development, further accelerating demand and long-term value for well-located assets such as 1648 West Kinzie Street.

Investment Highlights

• 30,000 SF Kinzie Corridor redevelopment opportunity.
• The property features three (3) drive-in doors, skyline views, potential for large rooftop deck with 360-degree views, one (1) freight elevator (decommissioned), and brick & timber and concrete and steel construction.
• High-bay, crane building consists of direct street access and +22’ ceiling height.
• Located in Enterprise Zone 4 and along the Metra tracks, offering excellent signage potential to +90,000 daily riders.
• Direct Interstate Access to I-90/94 & I-290 within 1-mile and easily accessible to the Ashland CTA Station.
• Conveniently located to benefit from the high demand and continued development of Fulton Market, which features high-profile headquarters, luxury residential development, best-in-class dining and entertainment and the emergence of luxury brand shopping.
• In the immediate vicinity of "The 1901 Project" which will transform Chicago's West Side with a $7 billion investment and ~55-acres of mixed-use development surrounding the United Center.