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1375 W Lake St
Chicago, IL 60607 Fulton Market

$9,750,000 USD

Land For Sale  •  0.54 AC

Property Details

  • Property Type Land
  • Lot Size 0.54 AC
  • Zoning C1-3
77 Transit Score
95 Walk Score

Highlights

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 benefits from Transit Oriented Development (TOD) eligibility and is applicable for an ARO Tax Credit
Substantial value in the existing facility which encompasses a ±18,000 SF music venue w/multiple bars, full-service kitchen, catering facility, & roof
Current Owner has flexibility to allow a developer adequate time to successfully up-zone the property.
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