901 West Lake Street_Property for Sale
901 West Lake Street_Property for Sale
901 W Lake St, Chicago, IL, 60607-1719, US

901 West Lake Street

Asset description

Jones Lang LaSalle Americas (Illinois), L.P. ("JLL"), on behalf of ownership, has been exclusively retained to offer for sale to qualified investors the opportunity to acquire fee simple interest in a high-profile development opportunity located at 901 West Lake Street in Chicago, Illinois (“The Property”).


Located on the southwest corner of West Lake Street and North Peoria Street, 901 West Lake is positioned in the heart of Chicago’s historic Fulton Market. A former meatpacking district, Fulton Market offers an ideal live-work-play lifestyle surrounded by state-of-the-art offices, renowned restaurants, entertainment, and Fortune 500 headquarters.


901 West Lake is a 12,478 square foot land site which is currently improved with a 25,000 square foot, two story warehouse/distribution building. The Property is zoned C1-1, Neighborhood Commercial District. The Property benefits from residing in the Downtown Expansion Area, allowing for higher density mixed-use development. 901 West Lake Street’s strategic location within Fulton Market, home to McDonald’s world HQ and Google’s Midwest HQ, is positioned to capitalize on the neighborhoods continued rapid growth making it a premier high density development opportunity.

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Attributes

Land area gross
1,159 sm
Building area net
2,323 sm
Zoning
C1-1

Media

Investment highlights

Prime Location in the Heart of Historic Fulton Market


Situated Between the Activated Fulton Street Corridor and Restaurant Row


Well-Educated and High-Income Demographics with Strong Spending Power


Strong Multi-Housing Demand Leads to Outsized Rent Growth


Close Proximity to Major Employers and Headquarters of Fortune 500 Companies


Unbeatable Access: Walking Distance from Morgan Street Station, Grand Ave Station, and Metra Train Locations

901 West Lake Street 4_Property for Sale
901 West Lake Street 4_Property for Sale

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901 West Lake Street (0 Properties)

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Last updated
Aug 26, 2024