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Land For Sale • 0.53 AC
The property at 415–417 N Sangamon Street in Chicago encompasses approximately 0.53 acres across four parcels within the Fulton Market/West Loop submarket. It is zoned PD 1561 with a DX-7 base classification and was approved by City Council in April 2023 for a 17-story, 260-foot mixed-use tower, including approximately 267,000 SF of development. The site occupies a corner position with frontages on N Sangamon Street and W Kinzie Street and features transit-oriented development characteristics. Existing structures on the property include a three-story brick building with a loading dock and one-story improvements. All entitlement fees and FAR bonuses allowing 4.5 additional FAR have been secured. The site is located near major employers and transportation infrastructure, with Morgan CTA station and I-90/94 nearby.
| Fully entitled for a 17-story, 260-foot tower approved by Chicago City Council in April 2023. |
| Entitlement fees and bonus density premiums already paid, providing meaningful cost savings. |
| Corner lot with dual frontage along N Sangamon and W Kinzie, enhancing retail activation potential. |
| Steps from multiple CTA train lines, major transit hubs, and the Kennedy Expressway. |
| Surrounded by major corporate headquarters and Fulton Market’s dense dining and retail corridor. |
| Existing tenancy delivers interim income while development plans are advanced. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Chicago Otc (Union Pacific North - Metra, Union Pacific Northwest - Metra, Union Pacific West - Metra) | 3 min | 19 min | 1.0 mi |
| Chicago Union Station (Burlington Northern - Amtrak, Heritage Corridor - Amtrak, Hiawatha Service - Amtrak, Lincoln Service Missouri River Runner - Amtrak, Milwaukee North - Amtrak, Milwaukee West - Amtrak, Pere Marquette - Amtrak, Saluki - Amtrak, Southwest Service - Amtrak, Texas Eagle - Amtrak) | 4 min | - | 1.4 mi |
| Transit/Subway | Drive | Walk | Distance |
| Grand Avenue Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) | 1 min | 5 min | 0.3 mi |
| Morgan (Green Line - Chicago Transit Authority) | 1 min | 6 min | 0.3 mi |
| Clinton Station (Green, Pink Lines) (Green Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L")) | 2 min | 14 min | 0.7 mi |
| Chicago Avenue Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) | 2 min | 14 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| Chicago Midway International | 18 min | - | 11.2 mi |
| Chicago O'Hare International | 26 min | - | 16.7 mi |
Marcus Cook
Cresa
Marcus Cook
Cresa
