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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

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$2,379,100 For Sale

1612-16 N Throop Street
Chicago, IL 60642

1 unit |
10,000 sq ft

Commercial: Industrial - MLS# 12553043
Property Photo
1/12

Description

Positioned at the dynamic intersection of Bucktown, Lincoln Park, and Wicker Park, this exceptional property offers a rare opportunity adjacent to the transformative Lincoln Yards / JDL Development. The building features 10,000 square feet of contiguous space, zoned M3-3 manufacturing, allowing for a wide range of uses and potential for higher-density redevelopment. The heated warehouse boasts high ceilings, a structural steel beam system, and skylights that flood the space with abundant natural light-ideal for both industrial and creative applications. Accessibility is a standout feature, with multiple entry points including a main entrance and loading dock on Throop Street, a large overhead door on Ada Street, and an additional alley-side entrance with convenient front and rear parking. The property is further enhanced by spacious private offices with heating and air conditioning, separate restrooms, and a dedicated break/coffee room, offering a turnkey solution for owner-users or investors alike. This is a compelling opportunity in one of Chicago's fastest-evolving corridors, combining flexibility, functionality, and prime location.

Features

  • Property Type: Commercial
  • Sub Type: Industrial
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60642
  • Year Built: 1947
  • Sq.Ft.: 10,000 sq ft
  • Stories: 1
  • Units: 1 unit
  • Zoning: MANUF
  • # Of Drive In Doors: 2
  • # Of TL Docks: 1
  • Additional Parcels: Yes
  • Approximate Age: Older
  • Building Area Total: 10000
  • Built Before 1978 (Y/N): Yes
  • Ceiling Hgt Max Ft: 18
  • Ceiling Hgt Min Ft: 16
  • Construction Materials: Brick, Concrete, Steel Siding
  • Cooling: Office Only
  • Directions: 1600 North (North Ave.), 1300 West (Throop St.), across the street from Home Depot main entrance.
  • Electric: Circuit Breakers, Three Phase
  • Fire Protection: Fire Extinguisher/s
  • Foundation Details: Concrete Perimeter
  • Geographic Locale: Chicago North
  • Heat/Ventilation: Central Bldg Heat
  • Information: 24-Hr Notice Required, List Broker Must Accompany
  • Leasable Area: 10000
  • Lot Size Source: County Records
  • Lot Size Square Feet: 9900
  • Main Type: Commercial Sale
  • Min Avail Sq Ft (Rentable): 10000
  • Property Offered: For Sale Only
  • Tax Annual Amount: 42517.59
  • Tax Year: 2024
  • Township: West Chicago
  • Utilities: Electric to Site, Natural Gas Available
  • Water Source: Municipal Water
Courtesy of Chicagoland Brokers, Inc.
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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