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407 Peoria StChicago, IL 60607

Freestanding building, ideal for retail or industrial use.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 6,000-square-foot freestanding building presents a unique opportunity in Chicago's vibrant West Loop neighborhood. Situated at 407 S. Peoria St., this vacant property boasts a flexible DS-3 zoning designation, making it suitable for a variety of retail or industrial uses. The building features a spacious layout with 12.5-foot ceiling height to the truss, providing ample room for operations or storage. Its convenient location offers immediate proximity to the UIC-Halsted Blue Line station, ensuring easy access for employees and customers. The property benefits from adjacent pedway access to the University of Illinois at Chicago campus, tapping into a large student and staff population. The area boasts a dense urban retail mix-use environment, surrounded by established national tenants. The building's former use as flex/retail space provides a solid foundation for various business ventures. An overhead garage adds further functionality. With an average daily transit ridership of 6,049 at the nearby UIC-Halsted station, this location offers unparalleled accessibility and visibility. The 6,000-square-foot lot size provides ample space for outdoor activities or expansion. This property is ready for immediate occupancy and represents a compelling investment opportunity in a high-demand area. A video tour is available online.

Highlights

  • Steps from the UIC-Halsted Blue Line Station.
  • Direct pedway access to the UIC campus.
  • High transit ridership (6,049 average daily riders at UIC-Halsted).
  • Located in a dense, mixed-use retail area.
  • Features high ceilings (12.5' to truss).
  • Previously used as flex/retail space.

Property Details for 407 Peoria St

Property type
Retail properties, Industrial properties
Square Feet
6,000 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8763435
Longitude
-87.6491535
407 Peoria St, Chicago, Illinois

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407 Peoria St
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