Description
We offer Loeb Lofts at 4130 South Wabash Avenue in Chicago’s Bronzeville neighborhood for $1,700,000. The approximately 54,124-square-foot industrial and flex building provides an opportunity for an owner-user or a purchaser evaluating a future multi-tenant configuration. The building is currently vacant, allowing a buyer to consider occupancy and layout without assuming an existing rental stream. We are presenting the sale of the building with the additional outdoor lot included in the current offering.
We describe the interior across two floors: approximately 34,532 square feet on the first floor and 19,592 square feet on the second. Together, those areas total the advertised building size. Timber and concrete construction provides a loft setting for manufacturing, warehouse, or creative operations, subject to the requirements of each proposed use. The property carries M1-2 zoning and lies within a TIF zone.
Our current offering includes approximately 16,085 square feet of additional vacant land for parking or outdoor storage. Two shared interior loading docks serve the building. Updated infrastructure includes heavy power, heating and HVAC improvements, bathrooms, an alarm system supporting secure 24/7 entry, and sprinkler improvements. Office and support amenities include conference rooms, kitchenettes, and an outdoor patio. We can review the existing systems and configuration during a property visit.
We place the property near the Illinois Institute of Technology and Sox Stadium, with connections to State Street buses, Red and Green Line trains, and Metra. I-94 and Lake Shore Drive provide additional routes into the surrounding city. Our team can discuss the sale, the included outdoor lot, and the owner’s separately marketed leasing options with prospective purchasers.
Offering Summary
- Asking Price$1,700,000
- Price PSF$31.41
- Property TypeIndustrial
- Size54,124 SF
Documents
Property Address
Property Details
- Property Type
Industrial - Square Feet
54,124 SF - Dock High Doors
2 - Outdoor Storage SF
16,085 SF - Power Supply
Heavy power - Zoning
M1-2
Deal Team




