401 N Western Avenue — Chicago, IL 60612
Active
Chicago, IL 60612

401 N Western Avenue

$14,000,000
0 beds · 0 baths
Listed at $14,000,000 177 days on market $135,161/yr taxes
01About this home

FOR SALE OR LEASE - The West Hub @ 401-435 N. Western Ave, the largest redevelopment opportunity west of Ogden! This expansive 274,550 SF concrete and timber loft complex spans 1.803 acres with an additional 0.3-acre surface lot and consists of TWO interconnected buildings featuring rich industrial character, flexible layouts, and significant infrastructure. The property offers 7,000 SF to 151,800 SF available for lease, including a first-floor 18,295 SF warehouse and 10,470 SF office offered as-is at $8 PSF MG, with floors 2 through 6 available as-is at $5 PSF MG. Generous building features include a large courtyard parking area, fourteen exterior truck-level docks, heavy floor loads up to 200 lbs per SF, 10'-14' ceiling heights, three freight elevators, one passenger elevator, and full sprinkler coverage throughout. Ideally located in the rapidly expanding Kinzie Corridor just outside Chicago's CBD, the property provides direct access to the Western Metra Station and five major bus routes, along with exceptional visibility-34,400 vehicles per day on Western Ave, 18,400 on Grand Ave, and exposure to approximately 89,500 daily Metra commuters. The East Building offers six stories with approximately 14,360 SF floor plates along W. Hubbard Street, while the West Building delivers maximum prominence with 300 feet of frontage on N. Western Avenue and 250 feet of southern frontage along the elevated rail line, featuring floor plates around 32,500 SF. Located within Enterprise Zone 4, the Kinzie Industrial TIF District, and eligible for Chicago PACE financing, the site benefits from powerful redevelopment incentives and zoning that supports a wide range of industrial, office, and flex uses.

02Inside the home
03By the numbers
$14,000,000
List price
Square feet
Bedrooms
Bathrooms
1915
Year built
Lot size
Garage spaces
$135,161
Annual taxes
Industrial
Style
177
Days on market
04Features
Cooling
Office Only
05Neighborhood
  • Chavas Tacos El Original 500 ft
  • The Corner Farmacy 0.2 mi
  • Fiore Delicatessen 0.3 mi
  • Mr Brown’s Lounge 0.4 mi
  • Taco Bell 0.4 mi
  • Popeyes 0.5 mi
  • Citgo 0.3 mi
  • BP Shop 0.4 mi
  • Farmer's Pride Produce 0.4 mi
  • Shell 0.5 mi
  • Shell 0.5 mi
  • Tabb's Food & Liquor 0.5 mi
  • Smith Park 0.3 mi
  • Starr Park 0.4 mi
  • Superior Park 0.5 mi
  • Superior Playground 0.5 mi
  • Western Park 0.6 mi
  • Sain Park 0.6 mi
  • Blend Cafe 450 ft
  • Dark Matter Coffee - The Mothership 0.4 mi
  • Dunkin' 0.4 mi
  • Metric Coffee 0.5 mi
  • Star Lounge Coffee Bar 0.5 mi
  • Old Lviv 0.5 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Nov 24, 2025
Listed for saleThis listing
Strauss Realty Ltd
$14,000,000
Sourced from MRED. Older events appear here as our history backfill completes.
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08See it for yourself

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Listed by Strauss Realty Ltd · Adam Schneiderman
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12523103
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