Listed by CBRE - Chicago, CBRE - Oak Brook
Unpriced
1200 West Carroll Avenue
Details
Property Type Land
Sub Type Commercial
Acreage 2.330
Zoning PD 1478, DX-5/8.1 FAR, M2-3
2.33 acres
Marketing description
CBRE, as exclusive advisor, is pleased to announce the opportunity to acquire fee simple interest in 1200 West Carroll Avenue, Chicago, IL Land Portfolio (“Property” or “Site” or “Carroll Land Portfolio”). The Property is being offered to qualified investors and developers to obtain fee simple interest in this rare Fulton Market development site.
The Carroll Land Portfolio is located in the rapidly growing and amenity rich Fulton Market neighborhood of Chicago. The Properties sit just one block north of Fulton Street and only three blocks from Randolph Street, also known as "Restaurant Row", where collectively there is an abundance of Chicago's newest and most popular restaurants, shops, and hotels. Fulton Market, once known for being the meatpacking industry hub, is now one of the nation's fastest growing and Chicago's most popular live, work, play destination. Major corporations like Google (just three blocks from the Properties) and McDonald's (home to their global HQ) have stimulated significant investment in the area and have created demand generators for continued residential, hospitality, and office development.
Investment highlights
- One of a kind blank canvas development site, with over 101,000 SF of develop-able urban land.
- Phased development opportunity, with ability to build over 1.1M SF and up to 1,180 residential units!
- Exceptional Fulton Market location, one of the nation’s fastest growing live, work, play environment.
- 1200 W Carroll: 59,952 SF of Land
- North Carroll East (Southeast Corner of Racine Ave & Kinzie Street): 27,714 SF of Land
- North Carroll West (Southwest Corner of Racine Ave and Kinzie Street): 14,000 SF of Land
Listing Contacts
Listed by CBRE - Chicago, CBRE - Oak Brook
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