DESCRIPTION
This full-block complex includes a variety of two- and three-story buildings surrounding a central courtyard/parking
area. Most of the buildings are heavy timber construction with some concrete construction. Units range from 1,000
SF up to 6,000 SF, and several can be combined for up to 31,000 SF of contiguous space Several of the units have
drive-in doors off the courtyard. (See detailed unit summary in pricing chart).
These spaces can be delivered as a "vanilla box", complete with bathroom, HVAC and ceiling lighting or they can be
delivered as raw space with a credit to the tenant/buyer. Additional build-out could be amortized as an addition to
the lease rate depending on tenant credit and lease term.
Pricing:
For Sale: $115-$135/SF
For Lease: $12-$16/SF, modified gross
FOR BULK SALE INQUIRIES PLEASE CONTACT.
All unsold units plus the parking lots are available for sale for $5,900,000 in "as is" condition.
see details in Pricing Table
Parking:
There will be approx. 20 parking spaces available on-site plus an additional 12 parking spaces in a lot just to the
west of the property for a total of 32 spaces for the total property of 61,000 SF, for a parking ratio of approx. 1:2,000
SF. Parking is $100/mo to rent or $18,000 per space to purchase.
Pass-through Expenses:
2011 base year real estate taxes and CAM (common area maintenance and assessments) are included in the base
lease rate. Tenants will be responsible for their pro rata share of increases over these base year expenses.
Tenants are also responsible for their own separately metered gas and electric utilities.
Availability:
60-90 days from lease or binding purchase contract.
see additional photos below
PROPERTY FEATURES
- 1400 W FULTON/300 N LOOMIS, WEST LOOP GATE
LOCATION FEATURES
- Located in West Loop Gate.
- between the mixed commercial-residential area to east and the Kinzie Industrial corridor to west.
- It is located along the main route to the United Center
- Easy access to all major transportation modes.
- . It is located just west of Ogden Avenue and 2 blocks east of Ashland Avenue.
- Less than ¾ mile to I-90/94 (Kennedy) Expressway and a CTA Blue line station is only 3 blocks away.
OTHER SPECIAL FEATURES
- 12 parking spaces available on-site plus an extra 12 parking spaces in lot just to west of property
This full-block complex includes a variety of two- and three-story buildings surrounding a central courtyard/parking
area. Most of the buildings are heavy timber construction with some concrete construction. Units range from 1,000
SF up to 6,000 SF, and several can be combined for up to 31,000 SF of contiguous space Several of the units have
drive-in doors off the courtyard. (See detailed unit summary in pricing chart).
These spaces can be delivered as a "vanilla box", complete with bathroom, HVAC and ceiling lighting or they can be
delivered as raw space with a credit to the tenant/buyer. Additional build-out could be amortized as an addition to
the lease rate depending on tenant credit and lease term.
Pricing:
For Sale: $115-$135/SF
For Lease: $12-$16/SF, modified gross
FOR BULK SALE INQUIRIES PLEASE CONTACT.
All unsold units plus the parking lots are available for sale for $5,900,000 in "as is" condition.
see details in Pricing Table
Parking:
There will be approx. 20 parking spaces available on-site plus an additional 12 parking spaces in a lot just to the
west of the property for a total of 32 spaces for the total property of 61,000 SF, for a parking ratio of approx. 1:2,000
SF. Parking is $100/mo to rent or $18,000 per space to purchase.
Pass-through Expenses:
2011 base year real estate taxes and CAM (common area maintenance and assessments) are included in the base
lease rate. Tenants will be responsible for their pro rata share of increases over these base year expenses.
Tenants are also responsible for their own separately metered gas and electric utilities.
Availability:
60-90 days from lease or binding purchase contract.
see additional photos below
PROPERTY FEATURES
- 1400 W FULTON/300 N LOOMIS, WEST LOOP GATE
LOCATION FEATURES
- Located in West Loop Gate.
- between the mixed commercial-residential area to east and the Kinzie Industrial corridor to west.
- It is located along the main route to the United Center
- Easy access to all major transportation modes.
- . It is located just west of Ogden Avenue and 2 blocks east of Ashland Avenue.
- Less than ¾ mile to I-90/94 (Kennedy) Expressway and a CTA Blue line station is only 3 blocks away.
OTHER SPECIAL FEATURES
- 12 parking spaces available on-site plus an extra 12 parking spaces in lot just to west of property
CROSS STREETS: OGDEN & ASHLAND
FOR SALE OR LEASE - ON HOLD
OFFICE/RETAIL/INDUSTRIAL COMMERCIAL CONDOS
OFFICE/RETAIL/INDUSTRIAL COMMERCIAL CONDOS
NEIGHBORHOOD: WEST LOOP GATE
1400 W FULTON/300 N LOOMIS
THE LORD COMPANIES, L.L.C.
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| Scott Fithian Office: 773-404-4314 scott@lordcompanies.com |
