3146 W Chicago Avenue Chicago, IL 60622
COMMERCIAL - Chicago, IL
- Added:
- Apr 22, 2026
- Days on Market:
- 82
- Last Refresh:
- Jul 12 at 12:06 am
Property Features for 3146 W Chicago Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- MANUF
- Standard status
- Active
- APN
- 16013190170000
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 16490
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1909
- Floors in Building
- 1
- Flooring type
- Tile, Vinyl, Marble
- Building materials
- Brick
Listing agent Moses Hall License #471019687 (312) 826-9925
Listing office MoHall Commercial & Urban Development 350 N. Orleans St. #9000N, Chicago, IL (312) 826-9925
Listing date Apr 22, 2026
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Chicago’s Humboldt Park and West Town industrial corridor and is zoned M1-2 (Limited Manufacturing District). It sits on a 50' x 125' lot and is positioned for urban logistics with quick access to I-90/94 (Kennedy Expressway) and I-290 (Eisenhower Expressway). CTA bus routes run along Chicago Avenue, and there is convenient access to nearby CTA rail lines, supporting workforce access and commuting.
Designed to combine operational functionality with showroom-level presentation, the space supports industrial uses including warehouse, distribution, light manufacturing, contractor space, and e-commerce fulfillment. The renovation and layout are intended to allow warehouse operations and presentation from a centralized location.
Key Highlights
- 6,400 SF industrial flex warehouse on a 50' x 125' (6,250 SF) lot at 3146 W Chicago Ave, Chicago.
- Zoned M1‑2 (Limited Manufacturing District) for warehouse, distribution, light manufacturing, contractor space, and e‑commerce fulfillment.
- Clear‑span bow‑truss structure from 1909 with ceiling heights approx. 20' to 20'+ at peak and no interior columns.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.9k | $19.20 |
| − Vacancy | −$9.2k | −$1.44 |
| EGI | $113.7k | $17.76 |
| − OpEx | −$39.8k | −$6.22 |
| NOI | $73.9k | $11.54 |
Alternative Uses
Property Analytics
Current Use by Public Records
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