1516 W. Adams St.

1516 W. Adams St. Chicago, IL 60607

1516 W. Adams St., Chicago, IL, 60607
1516 W. Adams St., Chicago, IL, 60607
FOR LEASE
Property Type:
Industrial
Amount:
Please Call Broker for Price

Last Verified:
Dec 06, 2024

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Description

Free standing building offers shared parking for 34 vehicles, quick access to the expressway system at Ashland Avenue and 24/7 CTA service via the Blue Line, Green Line, Ashland and Jackson. 87' OTR dock, 10' 10" Ceiling, separately metered utilities, 2 toilets, 1 with shower, on-site management.

West Loop

Building Size: 5630sq ft
Lot Size: 0 acres

Units for Lease

1516 West Adams Street
Space Available: 4630 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $19.50

Map of 1516 W. Adams St., Chicago, IL, 60607

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.