Ada St. Development Site

Investment Overview

1326 W Washington Blvd is a residential development site in Chicago’s West Loop, zoned PD1489 and positioned for Residential Towers. The property offers approximately 255,931 SF of approved development capacity and a maximum building height of approximately 80 feet. Existing entitlements allow for a variety of commercial uses, including office, retail, restaurant, and medical. There is also a potential opportunity to increase residential development capacity through adjacent air rights, subject to a PD amendment and any required city approvals.

Investment Highlights

• Approximately 255,931 SF of approved development capacity
• Existing entitlements for a variety of commercial uses, including office, retail, restaurant and medical
• Maximum building height of approximately 80 feet
• Potential opportunity to increase development capacity for residential use through adjacent air rights (requires PD amendment and any required city approvals)