$4,500,000

1026 W Van Buren Street, Chicago IL, 60607

Price per sqft$177.37

Built in1909

Property size25,371 sqft

Property typeCommercial

Listed by Adam Schneiderman with Strauss Realty Ltd 773-736-3600

Overview

Active

New

Listed Nov 4, 2026

Updated 9h ago

Strauss Realty is proud to present the opportunity to acquire a prime location in the West Loop. The 9,000 SF site offers significant development potential, supported by high-density residential projects, established zoning precedents and convenient downtown location. Just down the street from Target, the site features a historic three-story brick and heavy timber building with approx. 25,371 SF above-grade and an 8,457 SF lower level. 50' of frontage along Van Buren Street. The property's strategic location makes it an attractive opportunity for a corporate headquarters. Located in between Morgan Street and Racine Street, this transit-oriented location is highly walkable with immediate access to I-290 and Racine Blue Line, as well as close proximity to I-90/94, Fulton Market, Illinois Medical District and UIC campus. Currently the 50'x180' site is zoned DS-3 (3.0 FAR) and residential is not permitted as-of-right. Nearby DX-5 and DX-7 precedents suggest potential for rezoning, subject to city approval. DX-5 Zoning allows up to 72,900 SF. DX-7 allows up to 103,500 SF. Incentives include - Central West TIF and Enterprise Zone 4; potential TOD and density programs warrant project specific evaluation.

Additional information

MLS^® ID: 12801737

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.21 Acres

Other Property Details

Taxes: $93,767
Tax Frequency: Annually

Listed by Adam Schneiderman with Strauss Realty Ltd 773-736-3600

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Data is refreshed every 3 hours. Listing last updated 6:59 AM UTC on 11/5/2026.

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