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221 N Washtenaw Ave
Chicago, IL 60612
BTS · Industrial Property For Sale

Investment Highlights
- Two build-to-suit options offering 141,180 SF or 181,338 SF of industrial space.
- Located in the Kinzie Industrial Corridor with PMD-4 zoning for broad industrial use.
- Excellent connectivity to I-290, I-94, Fulton Market, and the Chicago Loop.
- 36-foot clear height with flexible column spacing and large truck courts.
- Enterprise Zone designation with potential 6B tax incentive eligibility.
- Rooftop parking deck with 266 auto stalls and 136 van spaces in larger configuration.
Executive Summary
This new construction industrial opportunity in Chicago’s Kinzie Industrial Corridor offers a rare chance to acquire a highly functional, urban infill asset in one of the city’s most dynamic submarkets. The property spans approximately 8 acres and provides two build-to-suit configurations: 141,180 SF or 181,338 SF, each designed for maximum efficiency and operational flexibility. With PMD-4 zoning, the site accommodates a wide range of industrial uses, ensuring long-term adaptability for evolving business needs.
Located within the Enterprise Zone and eligible for Class 6B tax incentives, this development presents significant cost-saving advantages for owners and investors. The property’s proximity to I-290 and I-94, along with quick access to Fulton Market and the Chicago Loop, enhances connectivity to major distribution routes and urban consumer bases. This is the largest industrial development site available in the Kinzie Corridor, making it a strategic acquisition for companies seeking scale and accessibility in a high-demand market.
Located within the Enterprise Zone and eligible for Class 6B tax incentives, this development presents significant cost-saving advantages for owners and investors. The property’s proximity to I-290 and I-94, along with quick access to Fulton Market and the Chicago Loop, enhances connectivity to major distribution routes and urban consumer bases. This is the largest industrial development site available in the Kinzie Corridor, making it a strategic acquisition for companies seeking scale and accessibility in a high-demand market.
Property Facts
| Sale Type | Owner User | No. Stories | 1 |
| Sale Condition | Build to Suit | Year Built | 2027 |
| Property Type | Industrial | Parking Ratio | 1.96/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 36’ |
| Building Class | A | No. Dock-High Doors/Loading | 36 |
| Lot Size | 8.00 AC | No. Drive In / Grade-Level Doors | 3 |
| Construction Status | Proposed | Parcel Number | 16-12-409-052-0000 |
| Rentable Building Area | 181,338 SF | ||
| Zoning | PMD-4 - Planned Manufacturing District | ||
| Sale Type | Owner User |
| Sale Condition | Build to Suit |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 8.00 AC |
| Construction Status | Proposed |
| Rentable Building Area | 181,338 SF |
| No. Stories | 1 |
| Year Built | 2027 |
| Parking Ratio | 1.96/1,000 SF |
| Clear Ceiling Height | 36’ |
| No. Dock-High Doors/Loading | 36 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | PMD-4 - Planned Manufacturing District |
| Parcel Number | 16-12-409-052-0000 |
Amenities
- Bus Line
Utilities
- Lighting - Fluorescent
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