1648 W Kinzie St 30,000 SF Office Building Chicago, IL 60622 For Sale

1648 W. Kinzie Street has significant potential for versatile utilization. The option to remove non-load-bearing walls provides a clean slate for office, flexible, or creative spaces. The first floor features concrete and steel construction with drive-in door accessibility. The northern building presents spacious 8,589 Sq.Ft. floor plates featuring exposed brick, concrete, and heavy timber, all accessible through a cored elevator shaft. The site offers unobstructed vistas of the Chicago Skyline and even the possibility of a rooftop deck with panoramic views. The building's high-bay crane setup provides lofty +22’ ceiling heights with dual drive-in doors, while window wells on the East and West facades offer potential for abundant natural light.
Strategically situated within the revitalized PMD 4B Zoning area, the property is part of a corridor experiencing development growth. Its location near Ashland Ave accommodates nearby attractions like Brew Yards and Altitude Trampoline Park. Notably, the property is adjacent to Metra tracks, facilitating signage visibility to over 90,000 daily riders. The property enjoys swift access to major interstates (I-90/94 & I-290) and Truck II & Truck III routes, catering to downtown distribution needs. It's also proximate to influential neighborhoods like United Center West Loop, Fulton Market, River West, Goose Island, and Wicker Park.
Moreover, the property's proximity to the Ashland Bus Corridor positions it to benefit from Transit-Oriented Development (TOD) Qualifications. In terms of public transportation, it's less than a 10-minute walk from the Lake-Ashland Green & Pink Line L Station, with the upcoming Lake-Damen Green Line Station further enhancing connectivity to four CTA Stations. The nearby Western Ave Metra Station provides direct service to Union Station, and Grand Ave & Ashland Ave Bus Routes are just steps away.
The property is tailor-made for adaptable and innovative purposes, aligning with the thriving ICNC’s Make City Incubator housing over 110 growing companies. The recently inaugurated Hatchery, a sprawling 67,000 Sq.Ft. food incubation facility, is set to generate around 900 jobs. As the Kinzie Corridor hosts 40 healthcare institutions, including the 31-acre Gateway project of IMD, it stands poised to become a hub for businesses and vendors seeking affordable proximity.