Prime Industrial Building for Sale at 4542 W Cermak Rd – 18,000 SF Warehouse & Office in Chicago, IL 60623
Chicago, Illinois
Soft Offer1716-1746 W Webster Ave, Chicago, Illinois 60614
37,895 SF Chicago Flex Building at 1716-1746 W Webster Ave (44% Leased) Listed for $6,950,000 ($183.40/SF) is an industrial for sale in Chicago, Illinois, listed at $6,950,000. Key details: year built 1912, building size 37,895 sqft, lot size 37,895 sqft, building class Class C. Listed by Tony Hardy of Keller Williams ONEChicago on LoopingCloud and last updated August 5, 2026.
Property Overview:
Prime Location: 1716 W Webster Ave, Chicago, IL 60614 (Lincoln Park / North Side corridor).
Land Area: Approximately 48,879 SF of contiguous land.
Pricing: Offered at $6,950,000 ($142.19 per land SF).
Current Zoning: C3-3 (Commercial, Manufacturing and Employment District), offering strategic flexibility.
Investment & Redevelopment Highlights:
Mid-Rise Residential Potential: Perfectly positioned for a transit-accessible, mid-rise multifamily or mixed-use redevelopment strategy.
Proven Submarket Demand: Located directly across the street from Triangle Square Apartments (1701 W Webster Ave), proving strong local absorption and top-tier luxury rent performance for modern Class A lifestyle product in the immediate micro-location.
Infill Growth: Capitalizes on robust corridor fundamentals, high buyer-pool depth for Chicago infill sites, and a thriving neighborhood amenity ecosystem.
Entitlement Path: Well-suited for developers seeking a zoning map amendment or Planned Development to maximize density and deliver high-demand urban housing.
Presented by Midwest Investment Advisors | KW Commercial & Keller Williams ONEChicago.
Key highlights
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $6,950,000 | - | - | - | - |
Address as shown by the lister.
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37,895 SF Chicago Flex Building at 1716-1746 W Webster Ave (44% Leased) Listed for $6,950,000 ($183.40/SF) is listed at $6,950,000. That works out to about $183 per square foot.
The property is in 1716-1746 W Webster Ave, Chicago, Illinois 60614, Cook County.
This is an industrial for sale in the commercial category.
The building is 37,895 sqft. The lot is 37,895 sqft.
The lister indicates: Third Party Financing.
Tony Hardy of Keller Williams ONEChicago listed this property. Use the Request Info button to send a message or call (773) 575-6082.
It was published on July 20, 2026 and last updated on August 5, 2026.
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