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$ 4,700,000
Est. payment | /mo
$ 4,700,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12265515
Year Built 1909
Annual Tax Amount $94,544
Tax Year 2023
Lot Dimensions (60 X 100) + (41 X 150)
Property Sub-Type Mixed Use
Property 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.
Location
State IL
County Cook
Zoning MANUF
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lucas Blahnik • @properties Christie's International Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States