1500 Western AveChicago, IL 60608

  • Industrial properties
  • 474,700 SF
For Lease
$7/SF/YR View listing

Property Details for 1500 Western Ave

Year built
1916
Lot size
2.98 AC
Property size (Sq ft)
474,700 SF
Property type
Industrial properties
APN
16-24-224-001
APU
1624224001

Description

The Midland Building presents a significant opportunity for businesses seeking prime industrial space in a highly desirable location. This 500,000 square-foot multi-tenant building offers a blend of warehouse and traditional office space, perfect for distribution and light industrial operations. Situated minutes from Chicago's Loop, the property provides unparalleled access to major Chicagoland expressways, including I-90, I-94, I-290, I-55, I-294, and I-57, ensuring efficient transportation and logistics. The building features a 10-foot ceiling height, four loading docks for convenient freight handling, and 24/7 secure access for peace of mind. On-site management and indoor parking add to the convenience and security offered. Located at 1500 South Western Avenue (2400 West), just three blocks south of the intersection of Ogden and Western Avenues, this property benefits from a strategic location within Cook County, offering easy access to a robust workforce and a thriving market. The building's versatile layout and ample space make it an ideal choice for a variety of businesses seeking a modern and efficient industrial facility in a central location. This is a rare opportunity to secure a substantial footprint in a highly sought-after area.

1500 Western Ave, Chicago, Illinois

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8607
Longitude
-87.687
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$342,597
$129,888
$1,530,112
$1,660,000
-
$519,552
$6,120,448
$6,640,000

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