Motor Row

Investment Overview

Introducing a prime investment opportunity in the Chicago area: a remarkable 10,774 sq. ft. building, zoned DS-5, perfectly positioned for Industrial/Warehouse/Distribution operations. With a total land size of approximately 20,294 sq. ft. and 25 off-street parking spaces, this stand-alone property offers exceptional versatility and convenience. Boasting a generous frontage of 64' on Michigan Avenue, a drive-in door for easy access, and a clear span layout with 18' clear ceiling height, it is well-suited for a range of enterprises. This rare find, with immediate access to transportation corridors and visibility from I-55, presents an outstanding opportunity for discerning investors seeking a strategic foothold in the bustling Chicago market.

Investment Highlights

• Total Building Size: ± 10,774 Sq. Ft.
• Total Land Size: ± 20,294 Sq. Ft.
• Off-Street Parking: 25 Spaces
• Loading: 1 Drive-In Door
• Ceiling Height: 18’ Clear
• Column Spacing: Clear Span; No Columns
• Frontage: 64’ on Michigan Avenue
• Zoning: DS (Downtown Service)
• Alderman: Pat Dowell | 3rd Ward
• Parcels: 17-27-117-004-0000; 17-27-117-005-0000; 17-27-117-031-0000; 17-27-117-035-0000
• RE Taxes: $96,668 ($8.97 per Sq. Ft.)
• Sale Price: $1,750,000
• Rare stand-alone building with off-street parking.
• Within walking distance to variety of public transit options: CTA train, CTA bus, Metra train, & bike stations.
• Immediate access to multiple expressways and major transportation corridors.
• Frontage on I-55 (Stevenson) Expressway with visibility from 103,700 vehicles per day.
• Across the street from the largest convention center in North America, McCormick Place.
• Potential Incentives: Qualified Opportunity Zone, Class L Property Tax Incentive, Landmark District permit fee waiver program, & 24th/Michigan TIF.