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220 N Laflin St

7,906 SF 100% Leased Light Industrial Building Chicago, IL 60607 For Sale

Executive Summary

Fantastic single-story, flex/industrial investment building for sale in amazing west Fulton Market location! Building has had extensive tenant build-out on top of base building. Newly constructed front office with high bay ceilings, skylight, drive-in door, exterior lighting, split-system air conditioner and new restroom. Warehouse is fully sandblasted and air conditioned with two new 7.5 ton RTU’s plus a triple-catch basin and new restroom. Warehouse/Barrel-Truss roof is 7.5 years into 20-year warranty and has had trusses reinforced with new tie rods. Front office roof is 6 years into 10-year warranty. Zoning: PMD-4B. 2023 Taxes: $57,441.
Building is fully leased to national tenant Braun Intertec Corporation, a leading Minneapolis based, employee -owned engineering consulting firm specializing in geotechnical engineering, environmental consulting, and testing. The company has grown to over 1,000 employee-owners and has 35 offices in seven different states. The company serves over 12 different markets providing a variety of services
including drilling, geospatial operations, building sciences and has been named one of ENR's Top 500 Design Firms the past five years in a row and an ENR Top 200 Environmental Firm in 2022 and 2023.
Can't beat this West Fulton Market location, this property is a commuters dream! Located right off the Green/Pink L line, the building is just a two-minute walk to the Ashland station and a 15 minute walk west to new Damen/Lake station or east to Morgan station. It is just steps from the Ashland CTA bus line and a quick drive to both the 90/94 and 290 expressways.
The West Loop and Fulton Market are well known for showcasing the best of the best within the exciting Chicago culinary scene and 220 N Laflin is located mere steps from everything these two neighborhoods have to offer, including Michelin Star restaurants Ever, Smyth, and Elske, all three of which are within walking distance. Restaurant Row on Randolph is also nearby featuring popular restaurants Au Cheval, The Publican, and Girl & The Goat.
In addition to its eclectic food and drink scene, the Fulton Market/West Loop area boasts numerous luxury hotels including The Hoxton, Soho House, Nobu, and The Emily. It has also become a major hub for technology companies to plant their flag, attracting the like of Google (Midwest HQ), McDonald's (Global HQ), John Deere, and Dyson.

Property Facts

Sale Type Investment
Property Type Light Industrial
Property Subtype
Light Manufacturing
  • Industrial Warehouse
  • OfficeLoft Creative Space
Building Class B
Lot Size 0.19 AC
Rentable Building Area 7,906 SF
Number of Floors 1
Year Built 1934
Clear Ceiling Height 20 ft
Level Access Doors 2
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-08-316-013-0000
Land Assessment
£46,735
Improvements Assessment
£143,484
Total Assessment
£190,219

zoning

Zoning Code PMD-4
PMD-4
  • Listing ID: 32504654

  • Date on Market: 18/07/2024

  • Last Updated:

  • Address: 220 N Laflin St, Chicago, IL 60607

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