Description
The subject building, known as the Mabel Exchange, is steeped in Chicago history. Originally the home of The Maybelline Company's headquarters, it is now a three-story, Mixed-Use building located at the hard corner of Clark and Ridge in Chicago's Edgewater neighborhood. Renovated in 2021, improvements include a new roof overlay, tuckpointing, 1800 amp electrical service, storefront windows and doors, new water service, and is fully sprinklered. A TI Allowance for Tenant's buildout is available for qualified deals. The building also benefits from 34 interior garage parking spaces, 10 on the first floor and 24 on the basement level. The upper two floors contain 52 rehabbed apartment units. The property is zoned C1-2. The available ground floor space consists of 11,476 SF and is divisible to 600 SF, which is the hard corner of Clark and Ridge. Large storefront windows and high ceilings (12') bring in abundant natural light. This corner building is very visible with 43,100 VPD passing it daily, 28,100 on Ridge and 15,000 N Clark Street. Multiple transportation options are available with the Thorndale Red Line CTA stop (0.5 mi.), Clark Street protected bike lanes and Divvy station, Peterson/Ridge (#84) bus, and Clark (#22) bus all nearby. Additionally, the new Peterson-Ridge METRA stop is being constructed 0.3 miles away. There are many cafes, coffee shops (including Starbucks), retailers, and restaurants within steps, along with the desirable Andersonville neighborhood. Please contact listing advisors for additional information.
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School Ratings & Info
Description
The subject building, known as the Mabel Exchange, is steeped in Chicago history. Originally the home of The Maybelline Company's headquarters, it is now a three-story, Mixed-Use building located at the hard corner of Clark and Ridge in Chicago's Edgewater neighborhood. Renovated in 2021, improvements include a new roof overlay, tuckpointing, 1800 amp electrical service, storefront windows and doors, new water service, and is fully sprinklered. A TI Allowance for Tenant's buildout is available for qualified deals. The building also benefits from 34 interior garage parking spaces, 10 on the first floor and 24 on the basement level. The upper two floors contain 52 rehabbed apartment units. The property is zoned C1-2. The available ground floor space consists of 11,476 SF and is divisible to 600 SF, which is the hard corner of Clark and Ridge. Large storefront windows and high ceilings (12') bring in abundant natural light. This corner building is very visible with 43,100 VPD passing it daily, 28,100 on Ridge and 15,000 N Clark Street. Multiple transportation options are available with the Thorndale Red Line CTA stop (0.5 mi.), Clark Street protected bike lanes and Divvy station, Peterson/Ridge (#84) bus, and Clark (#22) bus all nearby. Additionally, the new Peterson-Ridge METRA stop is being constructed 0.3 miles away. There are many cafes, coffee shops (including Starbucks), retailers, and restaurants within steps, along with the desirable Andersonville neighborhood. Please contact listing advisors for additional information.
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