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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 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 | 18 min | 0.9 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 | - | 1.5 mi |
| Airport | Drive | Walk | Distance |
| Chicago Midway International | 26 min | - | 12.3 mi |
| Chicago O'Hare International | 50 min | - | 19.9 mi |
Marcus Cook
Cresa
Marcus Cook
Cresa
