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    West Pullman Industrial Property For Sale Title is generated by Realmo AI

    11607-11621 S Green Street, Chicago, IL 60643

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    Claim this Listing
    For Sale
    $1,000,000

    Versatile industrial property in Chicago's West Pullman neighborhood.

    Type:Land or Vacant Lot
    Property size:
    8,525 SF
    Lot size:
    1.18 Acres
    Price / SF:
    $117/SF
    Added:
    Dec 19, 2025
    Days on Market:
    168
    Last Refresh:
    Apr 5 at 9:43 pm

    Property Features for 11607-11621 S Green Street

    General Information

    Standard status
    Active
    Size
    8,525 SF
    Lot size
    1.18 Acres
    Property subtype
    Land or Vacant Lot

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    Listing Contact
    ADAM LENCHNER

    Listing agent ADAM LENCHNER License #475191332

    Listing office ALLURE REAL ESTATE

    Listing date Dec 19, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of ALLURE REAL ESTATE

    HighLights

    • Approximately 51,563 square feet (1.18 acres) with a fully fenced yard suitable for outdoor storage or secure parking.
    • M2‑1 Light Industry District zoning confirms legal use.
    • Industrial building with approximately 8,525 square feet and 18‑foot clear ceilings.
    • Located in FEMA Zone X, indicating minimal flood risk.
    • Functional office component with gas forced air, central air conditioning, kitchen, and two bathrooms.
    • Strong regional connectivity via Interstate 57 and local access from Halsted Street.

    Overview

    Located at 11629 S Green Street in Chicago's West Pullman neighborhood, this owner-occupied industrial property is zoned M2-1 Light Industry District, confirming the existing use is legal under the current ordinance. Constructed around 1956, the one-story masonry industrial building contains approximately 8,525 square feet of above-grade area and is maintained in average overall condition, with no repairs noted at the most recent inspection dated September 16, 2024. The building is well-suited for light industrial operations and features approximately 18-foot clear ceilings in the shop area, two overhead doors, and ceiling-hung heat. A small office component is included and is equipped with gas forced air and central air conditioning, along with a kitchen and two bathrooms. The improvements are situated on a substantial and generally rectangular parcel totaling approximately 51,563 square feet, or about 1.18 acres, and the site benefits from a fully fenced yard suitable for outdoor storage or secure parking. The property is located on the west side of Green Street, a secondary thoroughfare, and while the corner location offers limited visibility and direct access, the broader area is supported by strong regional connectivity. Primary vehicular access is provided via Interstate 57 at 119th Street, with local access from Halsted Street through 116th or 117th Streets. All typical utilities including water, sewer, gas, and electricity are available to the site, and according to the FEMA map dated August 19, 2008, the property is located in Zone X, indicating minimal flood risk. The West Pullman industrial market is considered to be in a stable phase of its life cycle, with a positive long-term outlook and values expected to trend modestly upward.

    Local Financial Insights For Warehouse

    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 $80.4k $9.43
    − Vacancy −$4.4k −$0.52
    EGI $76.0k $8.91
    − OpEx −$11.4k −$1.34
    NOI $64.6k $7.57
    8,525 SF · lease $9.43/SF/yr · vacancy 5.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $922.5K
    $807.2K – $1.08M (±1% cap)
    NOI $64,574 @ 7.0% cap · market cap 6.46%
    Second Best
    Industrial
    $763.7K
    $668.3K – $891.0K (±1% cap)
    NOI $53,460 @ 7.0% cap · market cap 5.35%
    Theoretical Best
    Office A
    $4.02M
    $3.52M – $4.69M (±1% cap)
    NOI $281,366 @ 7.0% cap · market cap 28.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6432
    Latitude
    41.683

    FAQs

    What type of property is this?
    Manufacturing property - Versatile industrial property in Chicago's West Pullman neighborhood.
    Where is this manufacturing property located?
    The property is located at 11607-11621 S Green Street Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Approximately 51,563 square feet (1.18 acres) with a **fully fenced yard suitable for outdoor storage or secure parking**.; M2‑1 Light Industry District zoning confirms legal use.; Industrial building with approximately 8,525 square feet and **18‑foot clear ceilings**.
    More about this property
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