401 N Western Avenue
, IL, 60612

Price$14,000,000
Beds0
Baths0
SqFtn/a

Status:Active
Property Type:Commercial
School:
FOR SALE OR LEASE – The West Hub @ 401-435 N. Western Ave, the largest redevelopment opportunity west of Ogden! This expansive 274,550 SF concrete and timber loft complex spans 1.803 acres with an additional 0.3-acre surface lot and consists of TWO interconnected buildings featuring rich industrial character, flexible layouts, and significant infrastructure. The property offers 7,000 SF to 151,800 SF available for lease, including a first-floor 18,295 SF warehouse and 10,470 SF office offered as-is at $8 PSF MG, with floors 2 through 6 available as-is at $5 PSF MG. Generous building features include a large courtyard parking area, fourteen exterior truck-level docks, heavy floor loads up to 200 lbs per SF, 10′-14′ ceiling heights, three freight elevators, one passenger elevator, and full sprinkler coverage throughout. Ideally located in the rapidly expanding Kinzie Corridor just outside Chicago’s CBD, the property provides direct access to the Western Metra Station and five major bus routes, along with exceptional visibility-34,400 vehicles per day on Western Ave, 18,400 on Grand Ave, and exposure to approximately 89,500 daily Metra commuters. The East Building offers six stories with approximately 14,360 SF floor plates along W. Hubbard Street, while the West Building delivers maximum prominence with 300 feet of frontage on N. Western Avenue and 250 feet of southern frontage along the elevated rail line, featuring floor plates around 32,500 SF. Located within Enterprise Zone

Listing provided by: Strauss Realty Ltd, Adam Schneiderman

Source: MRED, MLS#: MRD12523103

Price $14,000,000
Total Baths 0
Lot Size Area 78523
Acres 0
Property Type Commercial
MLS Sub type Commercial/CIE
Year Built 1915
Directions Corner of Western Ave and Hubbard.
Latitude 41.889134
Longitude -87.68608
Address 401 N Western Avenue, IL 60612
Postal Code 60612
State IL
Country United States
Listing Office Strauss Realty Ltd
Listing Office Phone 773-736-3600
Listing Agent Adam Schneiderman
Days on market 55
MLS Status Active
Listing Date Nov 24, 2025
Listing Last Modified Jan 25, 2026
Tax Year 2023
Tax Annual Amount 135161
MLS # MRD12523103

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