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$2,645,000

  • For Sale
  • Active
  • Commercial
  • 13,750 Sq. Ft.
See This Home
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The subject property is located at 313 West Chestnut Street, Chicago, IL 60610 (the "Property"). This is a flex industrial building - re-development opportunity. This is an urban industrial building located in Chicago's dense River North/Oldtown neighborhood. Featuring a 2-story building, 13,750 SF GLA, and 5,660 SF site. The subject property is zoned M1-3, 1000 to 1500 volts of power, 20' ceiling-first floor, rubber roof, two internal parking spaces, and is situated in a mixed commercial and residential city setting.

Full Property Details for 313 W Chestnut St

General

  • Price: $2,645,000
  • Taxes: $48,249 (2021)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 11746913
  • Updated: 1/11/2026
  • Added to Site: 1, 061 day(s) ago

Interior

  • Interior Features: Freight Elevator(s), Heavy Floor Load, Overhead Door(s), Private Restroom(s), Storage Inside, Basement
  • Flooring: Concrete

Additional Information

  • Security/Safety: Alarm Monitored, Alarm on Site, Fire Extinguisher(s), Partially Sprinklered, Smoke or Fire Protectors

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Driving Directions: Chicago Avenue East or West to Franklin, Left on Chestnut 313 is on southside of the street
  • Location Details: Downtown Chicago, Central Business District, Mixed-Use Area, Public Transport Avail

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Building Heat

Utilities

  • Water: Municipal Water
  • Onsite: Electricity to Site, Natural Gas Available, Sewer Connected

Structural Information

  • Construction: Brick, Stone
  • Exterior Const.: Brick, Stone
  • Foundation: Stone
  • Roof: Rubber
  • Drive-In Doors: 2
  • # Loading Docks: 1
  • Sub-Flooring: Concrete
  • Stories/Levels: 2
  • Square Feet: 13,750
  • Current Bldg. Use: Commercial
  • Year Built: 1871
  • Built Before 1978: Yes

Unit Information

  • Extra Storage Avail: Yes

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,660
  • Lot Dimensions: 51.81 x 109.26
  • Frontage: City Street
  • Drainage: Floor Drains
  • Potential Use: Commercial, Industrial, Single Room Occupancy
  • Zoning: MANUF

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Partially Sprinklered, Smoke or Fire Protectors
  • Assessment Year: 1871
  • Tax Amount: $48,249
  • Tax Year: 2021
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat

Disclosures and Reports

  • Property ID: 17045000628002

Listed by Baird & Warner

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Listing agent

— 313 W Chestnut St —

  • Baird & Warner

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 313 W Chestnut St

School District:Chicago Public School District 299
NameGradesDistance
Ogden Elementary School
24 West Walton Street, Chicago, IL 60610
K-80.4 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-111.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 313 W Chestnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$2,645,000
-1.86%
MLS
6/02/2025
Price Reduced
$2,695,000
-10.17%
MLS
3/24/2025
Price Increased
$3,000,000
9.09%
MLS
1/08/2025
Price Reduced
$2,750,000
-19.48%
MLS
1/04/2024
Price Reduced
$3,415,500
-10%
MLS
6/13/2023
Price Reduced
$3,795,000
-5.01%
MLS
3/28/2023
Listed
$3,995,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 313 W Chestnut St

Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Baird & Warner

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313 W Chestnut Street, Chicago, IL 60610 (MLS# 11746913) is a Commercial property. 313 W Chestnut Street is currently listed for $2,645,000 and was received on March 28, 2023. Want to learn more about 313 W Chestnut Street? Do you have questions about finding other Commercial real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

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