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1732-1734 W Hubbard St 23,500 SF 100% Leased Office Building Chicago, IL 60622 $4,500,000 ($191.49/SF)
Investment Highlights
- PMD-4 zoning allows for multiple commercial and light industrial uses.
- Strong redevelopment or adaptive reuse potential in a sought-after urban location.
- High walkability and transit connectivity with Walk Score of 94.
- Surrounded by creative firms, showrooms, and tech companies in a growing corridor.
Executive Summary
This three-story commercial property offers approximately 23,500 square feet of flexible space in Chicago’s dynamic West Town neighborhood. Situated within a PMD-4 zoning district, the property supports a range of commercial and light industrial uses, making it an attractive option for owner-users, investors, or redevelopment projects.
The building features a robust infrastructure with central air, open floor plans, and adaptable layouts suitable for office, showroom, or creative workspace configurations. Located just west of Ashland Avenue, the property provides excellent accessibility to major transportation routes, including the Kennedy Expressway (I-90/94), and is within walking distance of CTA Green and Pink Line stations. The surrounding area is a thriving hub for creative firms, technology companies, and light manufacturing, offering strong synergy for businesses seeking a vibrant urban environment. With a Walk Score of 94 and a Transit Score of 76, the location ensures convenience for employees and clients alike.
The building features a robust infrastructure with central air, open floor plans, and adaptable layouts suitable for office, showroom, or creative workspace configurations. Located just west of Ashland Avenue, the property provides excellent accessibility to major transportation routes, including the Kennedy Expressway (I-90/94), and is within walking distance of CTA Green and Pink Line stations. The surrounding area is a thriving hub for creative firms, technology companies, and light manufacturing, offering strong synergy for businesses seeking a vibrant urban environment. With a Walk Score of 94 and a Transit Score of 76, the location ensures convenience for employees and clients alike.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
23,500 SF
Building Class
B
Year Built/Renovated
1900/2019
Price
$4,500,000
Price Per SF
$191.49
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,833 SF
Building FAR
0.96
Lot Size
0.56 AC
Zoning
PMD-4B, Chicago - Commercial
Amenities
- 24 Hour Access
- Bus Line
- High Ceilings
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Office suite for lease on the 1st floor that can be combined with other floors up to the whole building's size of 23,500 SF.
Office suite for lease on the 2nd floor that can be combined with other floors up to the whole building's size of 23,500 SF.
Partial Built out suite that was previously used for office use.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 7,834 SF | Office | Full Build-Out | 30 Days |
| 2nd Floor | 7,833 SF | Office | Full Build-Out | 30 Days |
| 3rd Floor | 7,833 SF | Office | Partial Build-Out | 30 Days |
1st Floor
| Size |
| 7,834 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size |
| 7,833 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
3rd Floor
| Size |
| 7,833 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 7,834 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Office suite for lease on the 1st floor that can be combined with other floors up to the whole building's size of 23,500 SF.
2nd Floor
| Size | 7,833 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Office suite for lease on the 2nd floor that can be combined with other floors up to the whole building's size of 23,500 SF.
3rd Floor
| Size | 7,833 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | 30 Days |
Partial Built out suite that was previously used for office use.
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 17-07-231-008-0000 | Improvements Assessment | $506,780 |
| Land Assessment | $63,720 | Total Assessment | $570,500 |
Property Taxes
Parcel Number
17-07-231-008-0000
Land Assessment
$63,720
Improvements Assessment
$506,780
Total Assessment
$570,500
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1732-1734 W Hubbard St
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