526 North Western Avenue, Chicago, IL

$1,499,000

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About 526 North Western Avenue

Renovated and re-imagined in 2024, this 10,500-square-foot brick and heavy timber flex building offers a modernized and adaptable space in one of Chicago's most vibrant neighborhoods. Positioned along the bustling and highly visible Western Avenue corridor at the nexus of West Town and the Kinzie Corridor, the property combines historic character with contemporary enhancements, creating an exceptional opportunity for owner-users or investors. The ground floor features 8,220 square feet of open warehouse space, boasting one drive-in-door: 11'2"H x 9'W, 75 feet of prime street frontage, and an abundance of natural light-perfect for seamless operations and a variety of commercial uses. Recently renovated, the second floor spans approximately 2,280 square feet and offers a blank canvas for customization, ideal for private offices or creative workspaces. With C1-2 zoning in place, the property offers significant redevelopment potential, including up to eight residential units with ground-floor commercial space. Updated in 2023 with a new TPO roof, tuckpointing, HVAC and distribution, second floor cosmetic upgrades. Situated along a major transit corridor and just steps from the Western Metra Station, the site qualifies for Transit Oriented Development (TOD), adding to its flexibility and broad appeal. Additionally, 526 N. Western Avenue offers seamless connectivity with its strategic location near downtown, major highways, and public transit options. Surrounded by thriving developments and featuring a versatile layout, this property presents a rare opportunity-whether you're looking to establish a headquarters, expand your portfolio, or pursue a transformative redevelopment project.

Features of 526 North Western Avenue

MLS® # 12268293
Price $1,499,000
Bathrooms 0.00
Acres 0.00
Year Built 1921
Type Commercial Sale
Sub-Type Industrial
Status Active

Community Information

Address 526 North Western Avenue
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60612

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Exhaust Fan
Fireplace No
Has Basement No

Exterior

Exterior Brick, Wood
Roof Membrane, Rubber
Foundation Concrete Perimeter

Additional Information

Days on Market 259
Zoning INDUS
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass
Contact Info773-482-1917

Listing Map

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