Description
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.
Details
| MLS # | 12265515 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1909 |
| Days On Site | 164 |
| Listing Provided By | @properties Christie's International Real Estate | Lucas Blahnik |
Features
| Story(s) | 2 |
|---|---|
| Units | 3 |
| Zoning | MANUF |
Interior
| Cooling | Central Air |
|---|
Taxes
| Property | 94544 |
|---|
Market Activity 60642
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60642 |
| Area | CHI West Town |
| Listing VS Median (in 60642) | |
Price: $4,700,000 low | high Med: $450,000 On site: 164 low | high Med: 9.000000 | |