Court Orders Auction 5/18: 3 Properties For Sale in Kinzie Industrial Corridor
Auction Closed
401-405 N. Ashland, 1480 and 1515 W. Hubbard
Chicago, IL 60622
25,208 SF (Combined)
Light Industrial & Development Sites
The Details
Court Ordered Auction May 18
- Three Kinzie Corridor properties
- 401-405 N Ashland Ave.
- 14,050 SF development site
- 1515 W. Hubbard St.
- 7,408 SF light industrial building
- 1480 W. Hubbard St.
- 3,750 SF development site
- Potential to redevelop or repurpose
- Close to Green Line and I-290
- Zoning: PMD 4, Subarea A
- Part of Kinzie Industrial Corridor TIF
- Total Taxes (2015): $10,837
Property Tours are available on April 24th, May 3rd and May 11th from 9:30 to 11:00am
Also available individually at the auction
A portfolio of three industrial properties in the Kinzie Industrial Corridor is for sale. This portfolio includes two development sites and a light industrial building. 401-405 N. Ashland is a 14,050 square foot development site, previously used as a parking lot; 1515 W. Hubbard is a 7,048 square foot light industrial building, previously used as a warehouse and machine shop;and 1480 W. Hubbard is a 3,750 square foot development site, previously used as a fenced-in parking lot. All properties have the potential to be redeveloped and repurposed.