Essex Realty Group Brokers the Sale of the Old Lincoln Log Factory on The 606
June 13, 2017 10:50 AM
CHICAGO, ILLINOIS – Tuesday June 13, 2017 - Essex Realty Group, Inc. is pleased to announce the sale of 1750 N. Lawndale Ave.
1750 N. Lawndale Avenue is a vacant red brick heavy timber loft building that was the home of Playskool Manufacturing Company’s Lincoln Logs from the 1940’s through the 1960’s. The loft building spans three floors, each approx. 15,278 SF with 11’ ceilings. The attached warehouse features an additional approx. 23,380 SF of space, with ceiling heights of 16’. This building sits on the west side of Lawndale Avenue and features frontage on Lawndale Avenue, Ridgeway Avenue, and the first access point and trailhead of the popular 606 Trail. Additionally, the building features approximately 3,500 SF of corporate office space.
The property sits on the border of Humboldt Park and Logan Square. In recent years the popularity of these neighborhoods has grown tremendously. The growing attention to these neighborhoods can be attributed to the steady rise in property values and development activity in the neighborhood and surrounding areas such as Bucktown, West Town, and Wicker Park.
The sale price was approximately $2,200,000.
Jim Darrow and Jordan Gottlieb represented the seller and Brian Mond represented the buyer on the transaction.