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1375 W Lake St
Chicago, IL 60607 Fulton Market

$6,950,000 USD

Land For Sale  •  0.54 AC

Property Details

  • Property Type Land
  • Lot Size 0.54 AC
  • Zoning C1-3
90 Transit Score
100 Walk Score

Highlights

Existing facility encompasses a ±18,500 SF music venue with a full-service restaurant with commercial kitchen, multiple bars, large catering facility
Highly desirable ±23,518 SF Fulton Market development site located in the Downtown Expansion - West Area and eligible for bonus density
Suitable for high-rise residential and/or commercial development with several surrounding high density projects achieving up to an 11.50 FAR
Development also benefits from TOD eligibility and is applicable for an ARO Tax Credit if a development complies with on-site affordable housing
Current Owner has flexibility to allow a developer some time for a re-zoning process
Bottom Lounge will also continue to operate and would potentially engage in a short-term sale-leaseback.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Chicago Ogilvie Transportation Center (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min - 1.3 mi
Chicago Union Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra), Heritage Corridor Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra), SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.6 mi
Transit/SubwayDriveWalkDistance
Ashland Station (Green, Pink Lines) (Green Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 5 min 0.3 mi
Chicago Avenue Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 17 min 0.9 mi
Racine Station (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 4 min 19 min 1.0 mi
Grand Avenue Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 20 min 1.1 mi
AirportDriveWalkDistance
Chicago Midway International 17 min - 9.5 mi
Chicago O'Hare International 26 min - 16.6 mi
Wayne Caplan 312-529-5791 SVN
Wayne Caplan 312-529-5791 SVN