1682-1686 N Ada Street Chicago, IL $ 4,700,000
1682-1686 N Ada Street
$ 4,700,000
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1682-1686 N Ada Street

Chicago, IL, 60642
$ 4,700,000
Bedrooms-- Baths--

Monthly Estimate*

$ 29,322

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Commercial Property for sale in Chicago, IL

for $4,700,000. This building was built in 1909 on a lot size of 0.278926.

Three parcel portfolio along the North Branch of the Chicago River and adjacent to the Lincoln Yards development. This unique assembly includes a raw artist studio with approx 7,200 sq ft over two levels, a stunning timber loft residence with courtyard and indoor/outdoor spaces, and a 6,000 sq foot timber warehouse. The parcels function separately or collectively. 1686 N ADA: The warehouse spans roughly 100' x 60' with ceiling height ranging from 14-16'. Multiple skylights bring in lots of light, and a large overhead door opens directly onto Ada street. 1684 N ADA: One of the most unique homes in the city, this original factory has been thoughtfully converted into a remarkable private residence. Enter into the courtyard via an overhead garage door from the alley. Timber ceilings, fire block & concrete walls. Approximately 3,500 square feet of live/work space. Currently configured as a one bedroom, two bathroom home with wide open living spaces. Large gallery opens to the courtyard, perfect as a work space & for entertaining. The gallery could be converted into additional bedrooms if desired. Building underwent complete renovation ~15 years ago: radiant heated floors, tear off roof, new steel windows & doors, and the addition of outdoor space. Parking for 2+ cars in the indoor garage and several more in the private courtyard. 1682 N Ada: 7,000+ square foot raw studio space that connects the other 2 parcels. This could be a continuation of the residence or it could support the large open timber warehouse with bathrooms, a kitchen, bar, etc. M3-3 allows for a huge variety of uses, and creates plenty of allowable additional FAR and height. Keep the spaces separate, or combine for a stunning collective space. The residence at 1686 currently is used as an event space hosting weddings, parties and photo shoots. Bookings currently through October 2025. The location provides for abundant nearby parking with easy highway & downtown access. Several music venues nearby include The Salt Shed, Outset, and The Hideout. The Lincoln Yards development is right across the street and will bring thousands of residential and office spaces to the area along with infrastructure improvements like parks and a continuation of the 606 trail.

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Commercial Active

Price

$ 4,700,000

Property Type

Commercial

Taxes

$ 71,827

Style

Lot Size

0.278926

Year Built

1909

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12265515

Features
General
Cooling Central Air
Zoning MANUF
Year Built 1909
Electric Service - 201 to 600 Amps
Stories Count 2
Township West Chicago
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions North Ave to Ada Street North (just east of Elston)
City Chicago
Number Of Units Total 3
MLS Area CHI - West Town
Lot Size Square Feet 12150
Tax Annual Amount 71827.78
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions (60 X 100) + (41 X 150)
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

lblahnik@atproperties.com

Email

Affordability Calculator

$35,307
Per Month
83%
17%
0%
Monthly Principal & Interest
$29,322
Monthly Property Taxes
$5,986
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2025$4,700,000 Listed Price

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1682-1686 N Ada Street, Chicago, IL, 60642 is a Commercial Property for sale at $4,700,000 with a lot size of 0.278926. 1682-1686 N Ada Street was built in 1909. The property's zip code is 60642 which is in Chicago, IL