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Leavitt Town Lofts 6 Properties Offered at $9,000,000 in Chicago, IL

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EXECUTIVE SUMMARY

The Leavitt Town Lofts Portfolio represents a rare multi-asset urban assemblage strategically positioned in one of Chicago’s most dynamic infill industrial corridors. Comprising a mix of industrial warehouse, office, event space, and surface parking lots, the portfolio provides highly diversified income streams, tenant profiles, and use cases—creating resiliency and upside within a tightly supplied submarket.
This portfolio offers investors stable in-place cash flow with strong repositioning upside—ideal for value-add, industrial expansion, or longer-term hold strategies seeking diversified yield.
The portfolio spans four complementary property types:
1. Industrial Warehouse
Core stabilized industrial space with below-market rents relative to comparable West-Side and near-downtown submarkets.
Strong demand tailwinds from logistics, last-mile distribution, and trades users.
Flexible bay sizes that appeal to both small and midsize operators.
2. Office / Flex Space
Ancillary administrative and creative office uses support industrial tenancy.
Opportunity to modernize and convert select areas into higher-rent flex suites.
3. Event / Specialty Use Space
Unique urban event space with character that commands premium short-term rental rates.
Seasonal volatility is offset by diversification across the portfolio.
4. Surface Parking Lots
Valuable urban land component with low operating costs.
Highly adaptable—supports fleet storage, logistics operations, or future redevelopment.

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL
Gross Rental Income $699,819
Other Income -
Vacancy Loss -
Effective Gross Income $699,819
Taxes -
Operating Expenses -
Total Expenses $292,069
Net Operating Income $407,750

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Gross Rental Income
Annual $699,819
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $699,819
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $292,069
Net Operating Income
Annual $407,750

PROPERTY FACTS

Price $9,000,000
Price / SF $81.80 / SF
Cap Rate 4.53%
Sale Type Investment or Owner User
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 110,026 SF
Total Land Area 4.02 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Leavittown Lofts
324 N Leavitt St, Chicago, IL 60612
Flex 63,000 SF 1888 -
322 N Leavitt St, Chicago, IL 60612 Flex 10,000 SF 1989 -
329 N Bell St, Chicago, IL 60612 Industrial 23,526 SF 1936 -
339 N Bell Ave, Chicago, IL 60612 Industrial 13,500 SF 1899 -
Pmd#4 Zoned Lot
344 N Bell Ave, Chicago, IL 60612
Land 0.32 AC - -
340 Bell ave, Chicago, IL 60612 Land 0.08 AC - -
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  • Listing ID: 38500318

  • Date on Market: 11/19/2025

  • Last Updated:

  • Address: Leavitt Town Lofts, Chicago, IL

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