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1900 W Kinzie St 49,006 SF 100% Leased Flex Building Chicago, IL 60622 $7,950,000 ($162.23/SF) 8.84% Cap Rate
Investment Highlights
- Fully leased 49,000 SF concrete flex building with geothermal HVAC system.
- Reinforced concrete floors rated at 350 lbs/SF for heavy-duty use.
- Convenient access to CTA Green and Pink Lines, Metra, and major Chicago thoroughfares.
- 14-foot ceilings and wide-open floor plans with abundant natural light.
- Features include a 3,000 lb. freight elevator, passenger elevator, and exterior recessed dock.
- On-site parking for 43 vehicles in a high-demand urban location.
Executive Summary
1900 W. Kinzie offers a fully leased, 49,000-square-foot industrial flex building in Chicago’s dynamic Kinzie Corridor. This concrete loft property combines historic character with modern infrastructure, featuring geothermal HVAC, terrazzo floors, and abundant natural light through large windows. The building’s open floor plans and 14-foot ceilings create versatile work environments, while reinforced concrete floors support heavy-duty operations.
The property includes a 3,000-pound capacity freight elevator, a passenger elevator, and an exterior recessed dock, ensuring efficient logistics and tenant convenience. With parking for 43 vehicles and proximity to major transit options, including the CTA Green and Pink Lines and the Western Avenue Metra Station, accessibility is a key advantage.
Currently generating a net operating income of $703,000 and backed by a five-year weighted average lease term, this asset provides investors with stable cash flow and long-term upside in one of Chicago’s most sought-after urban industrial submarkets.
The property includes a 3,000-pound capacity freight elevator, a passenger elevator, and an exterior recessed dock, ensuring efficient logistics and tenant convenience. With parking for 43 vehicles and proximity to major transit options, including the CTA Green and Pink Lines and the Western Avenue Metra Station, accessibility is a key advantage.
Currently generating a net operating income of $703,000 and backed by a five-year weighted average lease term, this asset provides investors with stable cash flow and long-term upside in one of Chicago’s most sought-after urban industrial submarkets.
Property Facts
Moderately walkable
60/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $679,612 | |
| Land Assessment | $196,996 | Total Assessment | $876,608 |
Property Taxes
Parcel Numbers
Land Assessment
$196,996
Improvements Assessment
$679,612
Total Assessment
$876,608
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1900 W Kinzie St
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