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1214-1230 W JACKSON WEST LOOP | REDEVELOPMENT OPPORTUNITY FOR SALE
1214-1230 W JACKSON WEST LOOP | REDEVELOPMENT OPPORTUNITY
FOR SALE
ARI TOPPER, CFA (312) 550-7018 [email protected]
1214-1230 W JACKSON BLVD CHICAGO, ILLINOIS
Sale Price: Subject to Offer
Lot Size: 21,000 SF (175 x 120)
Building Size: 35,000 SF
Zoning: M1-3
2015 Taxes: $33,525
Property Description 1214-1230 West Jackson Boulevard is a 21,000 SF land site (175 x 120) located just off the NW corner of Jackson Blvd. and Racine Ave. in Chicago’s pr ime West Loop neighborhood. Improvements to the property include a 35,000 SF multi-story brick and concrete loft building and an adjacent 12,000 SF parking lot. Located 1/2 mile from McDonald's newly announced West Loop headquarters and 1 mile from Google's Chicago headquarters in Fulton Market, many different repositioning possibilities exist including expansion/addition to the building or a tear down and redevelopment of the entire site. Currently zoned M1-3, the property is located within Chicago's near west downtown expansion area making it a likely candidate for a DX or DR zoning designation while providing a developer with an opportunity to acquire additional bonus FAR.
Property Highlights
• Easy access to I-290 and I-90/94 • Close proximity to Racine Blue Line CTA station • Building can potentially support multiple additional stories • Functioning freight elevator services upper floors • 8’+ ceilings in lower level offers potential for good natural
light and/or underground parking • Rapidly appreciating submarket
PROPERTY OVERVIEW
INTERIOR PHOTOS
ARI TOPPER, CFA (312) 550-7018 [email protected]
1214-1230 W JACKSON BLVD CHICAGO, ILLINOIS
INTERIOR PHOTOS
ARI TOPPER, CFA (312) 550-7018 [email protected]
1214-1230 W JACKSON BLVD CHICAGO, ILLINOIS
ARI TOPPER, CFA (312) 550-7018 [email protected]
1214-1230 W JACKSON BLVD CHICAGO, ILLINOIS
MAPS AND AERIALS
ARI TOPPER, CFA (312) 550-7018 [email protected]
1214-1230 W JACKSON BLVD CHICAGO, ILLINOIS
MAPS AND AERIALS
ARI TOPPER, CFA (312) 550-7018 [email protected]
1214-1230 W JACKSON BLVD CHICAGO, ILLINOIS
MAPS AND AERIALS
ARI TOPPER, CFA (312) 550-7018 [email protected]
1214-1230 W JACKSON BLVD CHICAGO, ILLINOIS
ADDITIONAL INFORMATION
PMD 4
PMD 4
DS-3
DS-3
C1-3
DX-3
DX-3
DX-3
DX-3
DX-3
M1-3
C1-1
M2-3
C1-2C1-2
PD 103
C1-3
C1-3
POS-1
RM-5
B3-3
RT-4
PD 819
B3-2
RM-5C2-2
PD 51
POS-1
DX-5
DX-5
PD 278
PD 643
C1-2
RM-5
M1-3
PD 700
C1-5
B3-3
PD 416
DR-3DR-3
DR-3
DS-3
M2-3
B3-3
PD 773
C2-3
C3-5
PD 632
C2-3
C2-3
B3-5
DS-5
PD 572
PD 867
PD 1300
PD 862
PD
710
PD 820
C2-3
PD 890
DX-3
RM-5
PD 1087
DR-3
RM-5
PD 629
C2-5PD 925
C3-2
PD 747
PD 118
B3-3
C1-3
B2-3
B3-5
B3-5
C2-3
B3-3
DX
-5
C2-3
DX-5
DX-5
DX-5
DX-5
DX
-5
DX-5
DX-5
M1-3
RM-5
C2-3
C1-3
C3-1
DX-5
PD 931
M1-3
B3-2
PD860
DR-3
B3-5
B3-3
C2-5
B3-5
C2-5
C1-5 M2-3
PD 929
PD 1048
PD
779PD 233
PD 1246
B2-3
B3-5
C2-3RM-5
B3-2
B3-5
B3-3
DX-5
DX-7
DX-7
DX-7
C2-3
DC-12
PD 1290
PD616
C2-5
C3-3
DX-7
DX-7
B3-5
C1-3
C2-5
C1-3
C3-2
B3-5
PD1005
PD240
PD
12
82
PD
12
83
C1-5
PD1252
PO
S-2
C3
-5
PD1286
C1
-3
PD729
PD1277
PD
12
30
M2-3
PD 746
B2-3
C1-3
C2-3
RM
-5
B3-5
DS
-3
DX-3
DS-3
RM-5
C1-2
C3-3
LAKE ST
KINZIE ST
MADISON ST
MONROE ST
ADAMS ST
VAN BUREN ST
JACKSON BLVD
OGDEN AV
E
PAU
LIN
A S
T
MO
RG
AN
ST
HA
LSTE
D S
T
EISENHOWER EXPY
RANDOLPH STAS
HLA
ND
AV
E
MAY
ST
MAY
ST
AD
A S
T
RA
CIN
E A
VE
FULTON MARKET
THR
OO
P S
T
LAFL
IN S
T
CA
RP
EN
TER
ST
ELI
ZAB
ETH
ST
ARBOUR PL
WARREN BLVD
FULTON ST
WALNUT ST
TILDEN ST
UN
ION
AVE
WAYMAN ST
CARROLL AVE
JUS
TIN
E S
T
LOO
MIS
ST
MAYPOLE AVE
BIS
HO
P S
T
WIL
LAR
D C
T
COURT PL
CONGRESS PKWY
LOO
MIS
ST
LOO
MIS
ST
RA
CIN
E A
VE
PE
OR
IA S
T
GR
EE
N S
T
CARROLL AVE
CARROLL AVEWAYMAN ST
SA
NG
AM
ON
STFULTON ST
WALNUT ST
LAFL
IN S
T
WASHINGTON BLVD
KE
NN
ED
Y EX
PY
AB
ER
DE
EN
ST
COUCH PL
RA
CIN
E A
VE
B3-3
Map Key
Downtown Expansion AreasNear West Area
Proposed Downtown Expansion BoundaryBoundary of Existing Downtown ZoningExisting Zoning LinesMetra Line & Station
CTA Line & StationBuilding FootprintsWater
Draft FAR Range Guidelines3.0 Base FAR, 5.75 Maximum FAR5.0 Base FAR, 8.1 Maximum FAR
The FAR range guidelines are for future consideration of individual applications, not redesignations or rezonings in and of themselves. Specific applications and requests will be reviewed in accordance with applicable standards.
