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Investment Highlights

  • Extremely Functional Single User or Multi-Tenant Flex/Industrial Spaces Ideal For Warehouse, Manufacturing, Auto, Or Flex Use Optionality With Warehou
  • Optionality With Warehouse / Office Layouts
  • Steps To Lincoln Yards Proposed Development
  • Ideal For Warehouse, Manufacturing, Auto, Or Flex Use
  • Dedicated & Ample Off-Street Parking; Front and Rear Loading
  • 0.45 Miles To Clybourn Metra Station

Executive Summary

Baum realty has been exclusively retained to market for sale 1674 n. Ada Street (the “Property”), a two-story building totally approximately 14,748 Sf on a 11,558 Sf land site. Located on the west side of n. Ada Street within the elston Corridor, the Property boasts a location adjacent to the dynamic and evolving Lincoln Yards development. Situated just off the Kennedy expressway and Class II Truck routes along n. elston Avenue and W. north Avenue. The property provides immediate access to the Clybourn Metra rail Stop and W. north Avenue bus stops.
OFFERING HIGHLIGHTS
Income producing asset with value-add; Approx $90k GOI In-Place
Extremely functional single user or multi-tenant flex / industrial spaces
Ideal for owner / user or investment
Optionality with warehouse / office layouts
Off street parking
Doorstep of Proposed Lincoln Yards Mega-Development
0.45 miles to Clybourn Metra station
Direct access to Class II Truck route on W. north Avenue

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes $40,262 $2.73
Operating Expenses $18,435 $1.25

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual $40,262
Annual Per SF $2.73
Operating Expenses
Annual $18,435
Annual Per SF $1.25
Total Expenses
Annual $58,697
Annual Per SF $3.98

Property Facts

Price $2,450,000
Price Per SF $166.12
Sale Type Owner User
Sale Conditions
Deferred Maintenance
  • Building in Shell Condition
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Showroom
  • Industrial Distribution
Building Class B
Lot Size 0.27 AC
Rentable Building Area 14,748 SF
No. Stories 2
Year Built/Renovated 1909/2006
Parking Ratio 0.27/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning M3-3 - M3- Industrial and Manufacturing. Permitted Uses: https://export.amlegal.com/media/ec475a7d3444feca792dce42c67ae89c5ac34535/DATAOBJECTS/0-0-0-562

Amenities

  • 24 Hour Access
  • Fireplace
  • Front Loading
  • Mezzanine
  • Signage
  • Skylights
  • Shallow Bay
  • Roof Terrace
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl - 1W
  • 6,354 SF
  • Industrial
  • Partial Build-Out
  • 30 Days

Former millwork shop renovated and delivered in move-in condition. Nearly full clear-span floor plate with generous ceiling height, industrial lighting. Oversized at-grade loading bay fronts N. Ada Street and features a freshly epoxied floor and its own roll-up door - perfect for finishing work or a cleaner client-facing area A secondary double-wide alley door at the rear enables seamless flow. Skylights throughout bring in natural light rarely found in spaces like this. Ideal for: fabrication, light manufacturing, woodworking, prop/set building, maker space, car storage, or design studio with production needs.

Space Size Space Use Build-Out Available
1st Fl - 1W 6,354 SF Industrial Partial Build-Out 30 Days

1st Fl - 1W

Size
6,354 SF
Space Use
Industrial
Build-Out
Partial Build-Out
Available
30 Days

1st Fl - 1W

Size 6,354 SF
Space Use Industrial
Build-Out Partial Build-Out
Available 30 Days

Former millwork shop renovated and delivered in move-in condition. Nearly full clear-span floor plate with generous ceiling height, industrial lighting. Oversized at-grade loading bay fronts N. Ada Street and features a freshly epoxied floor and its own roll-up door - perfect for finishing work or a cleaner client-facing area A secondary double-wide alley door at the rear enables seamless flow. Skylights throughout bring in natural light rarely found in spaces like this. Ideal for: fabrication, light manufacturing, woodworking, prop/set building, maker space, car storage, or design studio with production needs.

Exceptionally walkable
90/100
Very drivable
80/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
14-32-316-034-0000
Land Assessment
$86,685 (2025)
Improvements Assessment
$114,565 (2025)
Total Assessment
$201,250 (2025)
Annual Taxes
$40,262 ($2.73/SF)
Tax Year
2024 Payable 2025
  • Listing ID: 38337027

  • Date on Market: 3/26/2025

  • Last Updated:

  • Address: 1674 N Ada St, Chicago, IL 60642

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