11607-11621 S Green Street Chicago, IL 60643
Industrial property in Chicago's West Pullman neighborhood, ideal for operations.
- Added:
- Dec 19, 2025
- Days on Market:
- 205
- Last Refresh:
- Apr 5 at 9:03 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
- Commercial
Building Details
- Year Built
- 1956
Listing office ALLURE REAL ESTATE (312) 772-2820
Listing date Dec 19, 2025
Source Corcoran
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Investment Insights
Based on property information with market context.
Key Highlights
- 1.18 Acre Fenced Yard: Substantial lot size (51,563 sq ft) with full fencing, ideal for outdoor storage or secure parking.
- M2‑1 Zoning: Legally zoned for light industrial use, confirming existing operations are compliant.
- 18 Foot Clear Ceilings: High ceilings in the shop area accommodate various industrial activities.
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 |