1229 W Cortland Street Chicago, IL $ 2,250,000
1229 W Cortland Street
$ 2,250,000
New Construction
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1229 W Cortland Street

Chicago, IL, 60614
$ 2,250,000
Bedrooms-- Baths-- Sq 15,600

Monthly Estimate*

$ 14,037

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Commercial Property for sale in Chicago, IL

for $2,250,000. This 15,600 square foot building was built in 1935 on a lot size of 0.18.

FOR SALE OR REDEVELOPMENT- A rare opportunity to acquire one of the few remaining industrial/flex properties in Clybourn Corridor. Situated at the intersection of the affluent residential neighborhoods of Lincoln Park, Bucktown, and Wicker Park, this property offers exceptional potential for investment or redevelopment. Located next to Arhaus on Cortland, with 18,600 vehicles passing by daily. Originally constructed in 1903 as horse stables, the building retains its historic character with 12' clear exposed wood ceilings. The flexible layout includes warehouse/assembly space, three drive-in doors, and over 3,000 square feet of office and lab/shop space across two floors. The second floor is fully climate-controlled with HVAC. 10 parking spaces. Ideally located near major retail corridors and transportation options-including I-90, multiple CTA lines, and The 606 Trail-this property is perfectly suited for adaptive reuse as office, retail, showroom, or creative space. Two new major developments-Willow Street District and the future Lincoln Yards-are planned immediately nearby, further enhancing the area's growth trajectory.

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Commercial Active

Price

$ 2,250,000

Property Type

Commercial

Taxes

$ 57,995

Style

Lot Size

0.18

Year Built

1935

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12346217

Features
General
Cooling Central Air Office Only
Zoning INDUS
Year Built 1935
Electric Other
Stories Count 2
Tax Year 2023
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Status Active
Directions Located on Cortland off of Clybourn Avenue next to Arhaus Furniture
City Chicago
Number Of Units Total 1
MLS Area CHI - Lincoln Park
Lot Size Square Feet 7832
Tax Annual Amount 57995
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Exterior
Building Area Total 15600
Lot Dimensions 152X92X87X65
Lot Size Acres 0.18
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* Excluded Features
List By
Strauss Realty Ltd

Broker

adam@straussrealty.com

Email

Affordability Calculator

$18,870
Per Month
74%
26%
0%
Monthly Principal & Interest
$14,037
Monthly Property Taxes
$4,833
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
4/23/2025$2,250,000 Listed Price

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1229 W Cortland Street, Chicago, IL, 60614 is a Commercial Property for sale at $2,250,000 with 15,600 sqft and a lot size of 0.18. 1229 W Cortland Street was built in 1935. The property's zip code is 60614 which is in Chicago, IL