Jones Lang LaSalle (Illinois), L.P. (“JLL”) has been exclusively retained to arrange the sale of 1333 North Kingsbury St (the “Property” or the “Offering”), a boutique office building located in Chicago’s Goose Island neighborhood. Situated with direct access to public transportation, the Property is positioned to attract skilled workers from the Chicago area. Large windows and open-concept floor plans provide sweeping views of the Chicago skyline and abundant natural light. This 100,000 square foot brick & timber building is centrally located along the North branch of the Chicago River & adjacent to the affluent neighborhoods of Lincoln Park, Bucktown and Old Town. At 80% occupancy and about 3 years of remaining term, 1333 North Kingsbury is an ideal profile for an investor to stabilize the asset and recognize significant income appreciation through targeted leasing and select value enhancement strategies.
All inquiries regarding this transaction should be directed to JLL.
- Value-Add Office Building Adjacent to Lincoln Yards Development
- Ideal Live, Work, Play Location
- Creative Loft Office In Demand
- Discount to Replacement Cost