Court Orders Auction 5/18: Corner Parking Lot in Kinzie Industrial Corridor For Sale
Sold
1480 W Hubbard St
Chicago, IL 60646
3,750 SF
Parking Lot
The Details
Court Ordered Auction May 18
- 3,750 SF land site
- Currently used as fenced parking lot with 10 spaces
- Corner of Armour and Hubbard
- Potential to lease spaces to neighboring businesses
- Neighborhood is mix of office, retail and industrial users
- Potential to use as valet parking for event spaces
- TIF: Kinzie Industrial Corridor
- Zoning: PMD 4, Subarea A
- Taxes (2015): $1,709
Property Tours are available on April 24th, May 3rd and May 11th from 9:30 to 11:00am
Also available as part of a portfolio with 1515 W. Hubbard and 401-415 N. Ashland
A 3,750 SF land site at the corner of Hubbard and Armour in the Kinzie Industrial Corridor is available for sale. Currently, the fenced lot is used as a ten space parking lot. The lot could potentially be leased out to nearby offices and retailers or used as valet parking for event spaces. The lot could also potentially be developed for commercial use.
The Kinzie Industrial Corridor is a desirable location on Chicago’s west side. In addition to a strong commercial presence, it benefits from close proximity to the Loop and easy access to the Chicago Expressway system.