For Sale
$1,375,000

1616 Glenlake AveChicago, IL 60660

10,400 SF Flex Space, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 10,400-square-foot industrial flex space, located at 1616 W Glenlake Ave in Chicago's Edgewater neighborhood (zip code 60660), presents a unique investment opportunity. The single-story building boasts 12-14 foot ceilings and sits on a sizable 14,700-square-foot lot, zoned B3-2. Currently vacant with an occupancy date of October 9, 2024, this property is ideal for a variety of uses, including light industrial, warehouse, and distribution operations. Its former use as a printing shop also makes it suitable for commercial or residential redevelopment. The property benefits from its strategic location, offering excellent access to Lake Shore Drive and public transportation. The surrounding area boasts a strong daytime population of 31,870 and a median household income within 1.5 miles of $59,545, indicating a robust market. High traffic volume, with nearly 20,000 vehicles passing daily on nearby Clark Street, further enhances its commercial viability. This is a rare chance to acquire a centrally located property in a thriving North Side neighborhood. The asking price is $1,375,000.

Highlights

  • 10,400 SF building on approximately 14,700 SF lot.
  • 12-14 ft. high ceilings.
  • Flex space suitable for office or light industrial use.
  • Single-story building.
  • Redevelopment potential.
  • B3-2 zoning.

Property Details for 1616 Glenlake Ave

Property type
Warehouses, Office properties
Square Feet
10,400 SF
Stories
1

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9929646
Longitude
-87.6709663
1616 Glenlake Ave, Chicago, Illinois

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1616 Glenlake Ave
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