For Sale
Call for price

2310 Indiana AveChicago, IL 60616

1.3-Acre Flex/Warehouse Complex

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 5-property portfolio in Chicago's vibrant South Loop encompasses approximately 282,720 square feet of existing buildable space, with potential expansion to approximately 460,000 square feet. Strategically located near McCormick Place, this vacant property sits on 1.3 contiguous acres and benefits from a DS-5 zoning designation. The property's location within a Chicago Qualified Opportunity Zone offers significant financial incentives, including Tax Increment Financing (TIF) advantages and Transit-Oriented Development perks. Its designation within a Historic District provides additional benefits. The site presents a unique opportunity for expansion by incorporating two adjacent public alleys, further enhancing its development potential. The assemblage opportunity, combined with the existing buildings, creates a compelling investment prospect with substantial upside. The property's APN is 17.27.110.016-025.0000, and the address is 2310-2340 S. Indiana Avenue, Chicago, IL 60616. This is a rare infill opportunity in a high-demand location with built-in financial incentives and significant expansion potential.

Highlights

  • Five-building portfolio totaling nearly an entire city block.
  • 1.3-acre contiguous land parcel near McCormick Place.
  • Three existing buildings plus two potential development sites.
  • 282,720 square feet of existing buildable area, expandable to approximately 460,000 square feet.
  • Rare Chicago Qualified Opportunity Zone (QOZ) infill opportunity.
  • Significant financial incentives including Historic District designation, Tax Increment Financing (TIF), and Transit-Oriented Development benefits.

Property Details for 2310 Indiana Ave

Property type
Warehouses, Self storage facilities
Square Feet
282,720 SF
Lot Size (sq. ft)
56,628 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8507285
Longitude
-87.6226825
2310 Indiana Ave, Chicago, Illinois

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2310 Indiana Ave
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