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Loeb Lofts 4130-4150 S Wabash Ave 54,124 SF Vacant Industrial Building Chicago, IL 60653 $2,250,000 ($41.57/SF)
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Investment Highlights
- 54,150 SF Industrial/Flex Building for Sale in Bronzeville. Great for user or investor looking for potential multi-tenant building.
- Recently updated with new bathrooms, HVAC Systems, and alarms.
- 2 Shared Interior Loading Docks are expandable for enhanced logistics
- Great location in TIF Zone! 5 minutes south of Sox stadium, IIT. Immediate access to I90/94 via 43rd Street. Walking distance to Green Line "El" stop.
- Building amenities include conference rooms, kitchenettes, outdoor patio, and 24/7 entry
- An additional 16,085 SF vacant lot is included with sale price. Great for parking or outdoor storage.
Executive Summary
This flyer was produced using data from private and government sources deemed reliable. The information herein is provided without representation.
Strauss Realty presents a 54,000 SF two-story Timber and Concrete loft building for creative spaces or light manufacturing. It is available in the heart of Chicago’s Bronzeville. A 16,000 SF vacant lot on State Street is included for parking or outdoor storage. The building includes new state-of-the-art heavy power, new bathrooms, new alarm system for 24/7 entry, new sprinkler system, and new heating throughout the space. It is ideal for creative space, manufacturing, or an investor looking for a potential multi-tenant building. The building offers amenities such as a new modern common office, a kitchenette, and an outdoor patio. This is a great location located in a TIF Zone with Sox Stadium and IIT nearby, and great accessibility via I-94 and Lake Shore Drive. Also, conveniently located to the State Street buses, Red and Green Line “EL” trains and Metra, and just minutes from downtown Chicago. It is possible to lease space as well from 7,500-54,124 SF. Inquire with agents.
Strauss Realty presents a 54,000 SF two-story Timber and Concrete loft building for creative spaces or light manufacturing. It is available in the heart of Chicago’s Bronzeville. A 16,000 SF vacant lot on State Street is included for parking or outdoor storage. The building includes new state-of-the-art heavy power, new bathrooms, new alarm system for 24/7 entry, new sprinkler system, and new heating throughout the space. It is ideal for creative space, manufacturing, or an investor looking for a potential multi-tenant building. The building offers amenities such as a new modern common office, a kitchenette, and an outdoor patio. This is a great location located in a TIF Zone with Sox Stadium and IIT nearby, and great accessibility via I-94 and Lake Shore Drive. Also, conveniently located to the State Street buses, Red and Green Line “EL” trains and Metra, and just minutes from downtown Chicago. It is possible to lease space as well from 7,500-54,124 SF. Inquire with agents.
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Property Facts
| Price | $2,250,000 | Rentable Building Area | 54,124 SF |
| Price Per SF | $41.57 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1932 |
| Sale Condition | High Vacancy Property | Parking Ratio | 0.74/1,000 SF |
| Property Type | Industrial | No. Dock-High Doors/Loading | 4 |
| Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.14 AC | ||
| Zoning | M1-2 - Zoned Light Industrial | ||
| Price | $2,250,000 |
| Price Per SF | $41.57 |
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.14 AC |
| Rentable Building Area | 54,124 SF |
| No. Stories | 2 |
| Year Built | 1932 |
| Parking Ratio | 0.74/1,000 SF |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | M1-2 - Zoned Light Industrial |
Amenities
- 24 Hour Access
- Commuter Rail
- Security System
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Flex Space for lease
Flex Space for lease
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 7,500-34,532 SF | Flex | Full Build-Out | Now |
| 2nd Floor | 7,500-19,592 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 7,500-34,532 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 7,500-19,592 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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1st Floor
| Size | 7,500-34,532 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
Flex Space for lease
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2nd Floor
| Size | 7,500-19,592 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
Flex Space for lease
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Chicago
2,705,994
10
0 h 16 m
Indianapolis
867,125
175
3 h 26 m
Detroit
672,662
272
5 h 6 m
Columbus
892,533
313
6 h 44 m
Nashville
669,053
462
8 h 39 m
Memphis
650,618
542
9 h 56 m
Access and Labor Force
10 Miles
Total Population
2,312,490
Total Labor Force
1,179,949
Unemployment Rate
6.54%
Median Household Income
$76,447
Warehouse Employees
167,740
High School Education Or Higher
87.20%
Property Taxes
| Parcel Numbers | Improvements Assessment | $518,260 | |
| Land Assessment | $122,134 | Total Assessment | $640,394 |
Property Taxes
Parcel Numbers
Land Assessment
$122,134
Improvements Assessment
$518,260
Total Assessment
$640,394
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Loeb Lofts | 4130-4150 S Wabash Ave
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