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Manufacturing Incubator Pays $32 Million for Chicago Building

MHub Buys 97-Year-Old Property on Near West Side by Fast-Growing Fulton Market District
Manufacturing incubator mHub has paid $32.5 million for a building at 240 N. Ashland Ave. on Chicago's Near West Side. (Gian Lorenzo Ferretti/CoStar)
Manufacturing incubator mHub has paid $32.5 million for a building at 240 N. Ashland Ave. on Chicago's Near West Side. (Gian Lorenzo Ferretti/CoStar)
CoStar News
April 27, 2023 | 10:22 P.M.

Chicago manufacturing incubator mHub paid more than $32 million for a nearly century-old building on the Near West Side, wrapping up a deal near the booming Fulton Market district that took more than two years to complete.

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