Property NameName: Bucktown Mix-Use Loft Bdg
Property Location:Street Address: 2040 W. North Ave
City: Chicago, IL 60647
Description:Baum Realty Group is pleased to offer for sale the former
Marvin Envelope Building commonly known as 2040 W. North
Avenue, Chicago. The subject property is an approximately
37,375 square foot, four story loft building, on a 9,345
square foot land parcel. The M1-2 zoning designation allows
for a variety of options for users, investors and
developers. Proximate to the Bucktown Blue Line L stop,
this beautiful terracotta building would make an ideal
headquarters for non-for-profit, entrepreneurial, and high
technology companies who want local services and easy access
to the Loop and expressways or a great project for a bold
developer who recognizes the future upside in this property
once the market turns. Baum Realty Group is now taking
offers on this prime location.
-High Ceilings
-3 Staircases and 2 Elevators
-Fully Sprinkled
-Full Basement
-Prime Location for First Floor Retail
Pricing InformationListing Status: Available
List Price: $4,550,000
Listing InformationProperty Type: Retail
Building Type: Single Tenant
Square Footage: 37,375 sf
Land: 0.19 acres
Local Tenants: Bucktown is a slightly less expensive alternative to other, higher-priced Chicago neighborhoods, although prices are rising. The area has many trendy restaurants and upscale shops appealing to young professionals and real estate developers alike. But remnants of a historic and quainter Bucktown are evident in the hundred-year-old buildings and cobblestone paths. This community boasts more artists than any other area in the Midwest, including an artist colony called Gallery Point. This Chicago neighborhood also hosts the Bucktown Arts Fest, attracting over 30,000 visitors to the area every August. The Around the Coyote Festival occurs every September in celebration of the neighborhood's creative spirit. Damen Avenue is the neighborhood's main thoroughfare, and it seems every street in Bucktown has its own neighborhood bar. A thriving nightlife also has provided the area with a higher-than-average ratio of hip bars, clubs, posh restaurants, and shopping opportunities galore. The El is located at North Damen and Milwaukee avenues. CTA buses run on Ashland, Damen, Western and Armitage.
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Property Photos:
Contact the Agent:Listing Agent: Andrew Watson
Phone: 312.275.3139
Additional Information:
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