1026 W Van Buren ST, Chicago, IL 60607
1026 W Van Buren ST, Chicago, IL 60607
1026 W Van Buren ST, Chicago, IL 60607
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Sara Latta-Young

Sara Latta-Young

+1(815) 685-5090
$ 4,500,000
Est. payment | /mo

25,371 SqFt

Save
$ 4,500,000
Est. payment | /mo
Save

25,371 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 25,371 sqft

Price per Sqft $177

MLS Listing ID 12801737

Year Built 1909

Annual Tax Amount $93,767

Tax Year 2024

Lot Dimensions 50x180

Property Sub-Type Industrial

Property Description

Strauss Realty is proud to present the opportunity to acquire a prime location in the West Loop. The 9,000 SF site offers significant development potential, supported by high-density residential projects, established zoning precedents and convenient downtown location. Just down the street from Target, the site features a historic three-story brick and heavy timber building with approx. 25,371 SF above-grade and an 8,457 SF lower level. 50' of frontage along Van Buren Street. The property's strategic location makes it an attractive opportunity for a corporate headquarters. Located in between Morgan Street and Racine Street, this transit-oriented location is highly walkable with immediate access to I-290 and Racine Blue Line, as well as close proximity to I-90/94, Fulton Market, Illinois Medical District and UIC campus. Currently the 50'x180' site is zoned DS-3 (3.0 FAR) and residential is not permitted as-of-right. Nearby DX-5 and DX-7 precedents suggest potential for rezoning, subject to city approval. DX-5 Zoning allows up to 72,900 SF. DX-7 allows up to 103,500 SF. Incentives include - Central West TIF and Enterprise Zone 4; potential TOD and density programs warrant project specific evaluation.

Location

State IL

County Cook

Area Chi - Near West Side

Zoning OFFIC

Interior

Cooling Exhaust Fan

Fireplace N

Building

Dwelling Type Industrial

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Adam Schneiderman of  Strauss Realty Ltd 

NEARBY PROPERTIES

Sara Latta-Young

+1(815) 685-5090

saralattayoung@gmail.com

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1026 W Van Buren ST

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