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Geolofts
3636 S. Iron St., Chicago, IL 60609

Iron St. Facade
N/A
186,000 SF
Industrial
Industrial Condo
Vacant/Owner-User
5
1915
10 ft.
5
1
2 AC
- Fenced Yard
- Electricity/Power - 3 phase
- Sprinklers
-
Last Verified 3/24/2010
Listing ID 16556179
6 Units
Unit All
N/A
3,000 SF
- All units listed above except for the residential unit are available for industrial lease at a rate equal to 10% of the asking price. For example, "average" units (#1) are available at $14/ SF per year
Highlights
Largest vertical closed loop geothermal facility of this vintage in the US.
400 tons of "GREEN" Geothermal heating/cooling
No combustion within the building
Gated parking for 100 cars
80% Owner Financing Available
Minimal Buildout for partitions, lighting and duct drops
Description
Brokers protected! 80% Owner Financing Available! Office/Industrial condos from 1500 SF up to 31,000. Zoned for most commercial uses. With no residential or live/work spaces other than the watchmans' residence.The geothermal system at the GeoLofts represents a breakthrough in urban geothermal applications and technology. The 400 ton geothermal system will provide 100% of the heating, cooling, and hot water requirements of the building, providing dramatic environmental and economic benefits. Inside the building, the geothermal energy exchange fluid is routed to each individual zone, providing climate control to each space and adding a further design efficiency through energy load diversity. The GeoLofts geothermal system demonstrates how geothermal heating and cooling technology can be applied to the large-scale urban environment, and will set a precedent for the City of Chicago and national green building movement in how to eliminate carbon emissions, save tens of thousands of dollars in energy costs, and provide superior comfort through geothermal-based clean energy systems.
Historical Central Manufacturing District of Chicago/ 9 blocks west of Cell Field near 35th & Ashland/ Zoned PMD 8 straddling the Bridgeport & Mckinley Park neighborhoods. 1 block from CTA bus stops on 35th/Iron and also 37th/Ashland/ 8 blocks from Orange Line/ 10 blocks from Red Line/ 15 min from Loop with bike paths on Halsted and to/from lakefront.
Map of 3636 S. Iron St., Chicago, IL 60609 (Cook County)
Created 2/2/2010
Additional Information for 3636 S Iron Street, Chicago, IL 60609
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. TB-P