West Loop/Fulton Market Loft Office Building

Highlights

• Major price reduction
• Motivated Sellers
• Ideal Owner-User property
• Three existing tenants with leases in place
• Two tenants on the first floor and one tenant on the lower level
• Located on Mary Bartleme Park
• Value-Add - Type 1 zoning approval for 5th floor Residential 3 unit addition 2nd, 3rd and 4th floors to be delivered vacant (July 1, 2026)
• One (1) on-site parking spot and three (3) off-site parking spots
• Signage opportunity on building raceway overlooking MaryBartleme Park
• Floor plates at 6,250 SF

Description

The SVN Chicago Commercial Urban Team is exclusively presenting the sale of 112 S Sangamon Street, an ideal West Loop/ Fulton Market building providing a rare opportunity to accommodate a company needing up to 6,250 SF of contiguous space at a price point well below other options in the area. The site benefits from its immediate vicinity to West Loop and Fulton Market.

The four-story property sits on a ~6,888 SF lot that fronts Mary Bartleme Park. Walking distance to restaurants, shops, hotels, CTA Blue, Pink and Green lines and a stone’s throw from UIC, the Illinois Medical District and Central Business District. Ideal property for an owner / user or investor looking to join the most in-demand neighborhood in Chicago at an affordable price point. Property is owned by a licensed Illinois Real Estate broker.

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.

Documents