1229 N North Branch St | Chicago, IL 60642
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1229 N North Branch St
Chicago, IL 60642
Goose Island Commercial Office · Flex Property For Sale
Investment Highlights
- The property consists of 33,963 SF of land improved with a 50,573 square foot mixed-use office and light industrial building.
- Property is currently 69% occupied and owner will master lease any vacancy.
- Location is in close proximity to multiple public transit stops and a commuter rail station.
- The building is located in the Goose Island PMD3 FAR3 which is Chicago's newest innovation district and the Salt District.
- Current Avg. Building Rents are $20.30mg with Area Goose Island Rents Averaging $35mg
- Exciting adaptive reuse and various redevelopment in the area. Join R2, IAG, Farpoint, Sterling Bay, Hines and others in the area!
Property Facts
About 1229 N NORTH BRANCH ST , CHICAGO, IL 60642
The Property consists of 33,963 SF of land improved with a 50,573 square foot mixed-use office and light industrial building. PMD 3 zoning with a Far of 3. Short term leases allow for a repositioning/redevelopment of the building in scarcely available Goose Island area. Ideal for owner use as 16,000 SF can be made available. Upside Potential as current Rents avg. $19.45 MG with area rents at $35 MG. Perfect Owner/User opportunity or Value Add Investment. Endless possibilities.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,823,745 | |
| Land Assessment | $379,756 | Total Assessment | $2,203,501 |
Property Taxes
Parcel Numbers
Land Assessment
$379,756
Improvements Assessment
$1,823,745
Total Assessment
$2,203,501
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
