NelsonHill Creating Maximum Value in Real Estate FOR SALE OR LEASE 431 N. Wolcott Avenue, IL 60622
property overview 2 LEAVITT UPTON S BREAKROOM ANMAE HOYNE RHINE HALL SITE BIG DELICIOUS PLANET DAMEN SALVAGE ONE WOLCOTT GOOSE ISLAND LAKE WOOD KINZIE CORRIDOR ON TOUR BREWING PAULINA VENUE ONE ASHLAND GRAND HUBBARD 1500 W. CARROLL DEVELOPMENT CARROLL FULTON UNION PARK WEST TOWN OGDEN FULTON WEST RESTAURANT ROW GRAND LAKE MORGAN MFG 1K FULTON WEST LOOP 431 N. WOLCOTT AVENUE PROPERTY DESCRIPTION 431 N. Wolcott Avenue is a creative single or multi-tenant loft office building located near the corner of Wolcott Ave. and Hubbard St. in the Kinzie Corridor. Surrounded by creative and manufacturing users, the property is in close proximity to Fulton Market, the West Loop, Union Park and the United Center. Property Location In addition to its great location, the building offers abundant parking by way of an included surface lot. A purchaser will have the opportunity to capitalize on unencumbered Chicago skyline views from the tiered rooftop spaces; either through the creation of outdoor terraces or potentially extending the exterior walls to enclose the two lower rooftop areas. Such an expansion could result in the addition of nearly 6,000 SF to the building s overall footprint. HIGHLIGHTS Vintage brick and timber loft construction, featuring exposed, sandblasted columns and beams Potential to expand the building by nearly 6,000 SF Office spaces divisible to 2,000 SF 32-car parking lot Excellent location near the West Loop, United Center, and Fulton Market District Surrounded by creative office and manufacturing companies SPECIFICATIONS BUILDING SIZE DIVISIBILITY ZONING 28,442 SF 2,000-28,442 SF PMD-4 2016 TAXES / EST. CAM $0.51 PSF / $2.00 PSF LEASE RATE(S) $22.00 PSF MG SALE PRICE $3,950,000 Conceptual Rendering www.nelsonhill.com
floor plans 5 FOR SALE OR LEASE 431 N. Wolcott Avenue PROPOSED FIRST FLOOR PLAN PROPOSED SECOND FLOOR PLAN W HUBBARD ST W HUBBARD ST ENTRANCE N WOLCOTT AVE PARKING LOT N WOLCOTT AVE EXISTING ROOF PARKING LOT DRIVEWAY DRIVEWAY 1ST FLOOR 1 SIZE 11,368 SF 2ND FLOOR 2 9,005 SF
floor plans 6 FOR SALE OR LEASE 431 N. Wolcott Avenue PROPOSED THIRD FLOOR PLAN W HUBBARD ST CONCEPTUAL RENDERING N WOLCOTT AVE EXISTING ROOF BELOW PARKING LOT EXISTING ROOF DRIVEWAY 3RD FLOOR 3 8,070 SF
N. WESTERN AVE. MAP LEGEND DIVVY STATION CTA STATION SMITH PARK N. OAKLEY BLVD. N. LEAVITT ST. N. HOYNE AVE. N. DAMEN AVE. N. WOLCOTT AVE. N. WOOD AVE. N. PAULINA ST. BELLA S PIZZERIA THE BIG STATE N. ASHLAND AVE. THE MAKER S DISTRICT METRA STATION 100 m 500 ft THE MAKER S DISTRICT431 N. WOLCOTT ST. BREAKFAST HOUSE MARYVILLE ACADEMY KENNICOTT FLORAL NEIGHBORHOOD ANALYSIS In JAMES the mid-90 s, OTIS West Fulton Market, also known SCHOOL as The Kinzie Corridor, became known as a robust manufacturing district in Chicago. This was the decade that Goose Island planted it s manufacturing facility in the neighborhood and many other food, beverage and retail manufacturers followed. BLEND CAFE CHAOS BREW CLUB DPR ART RESCUE STEINER ELECTRIC CO. MAILING TUBE COMMERCIAL PALLET KENMARE LOFT IGNITE GLASS STUDIO Today, West Fulton Market is known as the Maker s District- attracting light manufacturers, creative office, and artisans from around the city with it s creative ES DEPT. LARKSPUR FLOWERS CITY VIEW LOFT SCREEN WORKS SOCIETY ART GALLERY CARPET GROUP TEACHER S UNION ELYSIA ROOT CAKES PASSION HOUSE COFFEE ROASTER THE STUDY ASHLAND ADDISON FLORIST VENUE ONE OUT-YOU-GO! PET CARE VICTORY RECORDS ORIENTAL KITCHEN CORP. environment and easy access to downtown Chicago. The city of Chicago supports the movement with over $700,000 in grants annually. HURON PAPER STOCK LAST MINUTE GOURMET KINGDOM FARMS SOCIETY 221 BAR VITA FOOD PROD. EVENT CREATIVE N. JUSTINE ST. N. LAFLIN ST. W. OHIO ST. W. GRAND AVE. W. HUBBARD ST. W. KINZIE ST. W. CARROLL ST. W. FULTON ST. W. WALNUT ST. W. LAKE ST. ST. MALACHY SCHOOL WEST HAVEN MARKET & GRILL SUDER MAGNET ELEMENTARY W. MAYPOLE AVE. W. WASHINGTON BLVD. HOPE INSTITUTE LEARNING ACAD. UNION PARK SALVAGE ONE PUBLIC OFFICE W. WARREN BLVD. WILLIAM BROWN ELEMENTARY N. OGDEN AVE. SUGAR BAR JOHNY S ICEHOUSE RINK MOON S SANDWHICH SHOP PUBLIC LIBRARY N PAULINA ST W. MADISON ST. BILLY GOAT TAVERN SAIN PARK W. MONROE ST. SECOND CHANCE THRIFT THE OGDEN SPORTS BAR STOCK MFG CO. All information contained herein is from sources deemed reliable and is submitted subject to errors, omissions and to change of price or terms without notice. 8 property location www.nelsonhill.com
KINZIE CORRIDOR LOFT OFFICE REDEVELOPMENT FOR LEASE CONTACT MARK A. NELSON, SIOR 3 1 2. 267-1 1 01 Mark@NelsonHill.com MICHAEL D. NELSON, SIOR 312. 267-1 1 02 Mike@NelsonHill.com