Sage West Loop

1044 W Van Buren Chicago, IL 60607

1044 W Van Buren, Chicago, IL, 60607
1044 W Van Buren, Chicago, IL, 60607
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Nov 09, 2024

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Highlights

  • Over 1,000 residential units in the immediate vicinity allow retail tenants to take advantage of captive audience.
  • New construction, 1,806 SF footprint is well-suited for a variety of uses and concepts.
  • Proximity to the West Loop, UIC Campus, and IMD provide access to three major Chicago sub-markets.
  • Ability to enter into a rapidly evolving corridor in Chicago's vibrant West Loop neighborhood.
  • Across the street from Target, recently opened Prenuvo, and one block from the Racine Blue Line CTA station and I-290 Expressway on-ramp.

Description

New Construction West Loop Retail Space Available with:
- High-Density Corridor
- Captive Audience
- Easily Accessible Parking Nearby

The West Loop/Fulton Market is Chicago’s former warehouse district and is among the most rapidly developing neighborhoods in the country and recently ranked by TimeOut as one of the top 20 coolest neighborhoods in the world. Originally a mix of factories, meat markets, and wholesale produce outlets, the neighborhood has seen a major demographic shift over the last decade. The historic brick and timber loft buildings that define the neighborhood have largely been converted to other uses, including a mix of luxury condos, creative offices, art galleries, critically acclaimed restaurants, hotels, and retail boutiques.

Building Size: 222000sq ft
Lot Size: 0 acres


Documents

Sage West Loop - Retail Leasing Brochure

Units for Lease

Retail
Space Available: 1806 SF
Lease Type: Gross

Price Per Sqft/Year: $35.00


Map of 1044 W Van Buren, 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.