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

    11629 South Green Street, Chicago, IL 60628

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    Claim this Listing
    For Sale
    $1,000,000

    Versatile industrial property in Chicago's West Pullman neighborhood.

    Type:Land
    Property size:
    8,525 SF
    Lot size:
    1.18 Acres
    Price / SF:
    $117/SF
    Added:
    Oct 20, 2025
    Days on Market:
    226
    Last Refresh:
    Mar 13 at 11:16 am

    Property Features for 11629 South Green Street

    General Information

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

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    Listing Contact
    Adam Lenchner
    Adam Lenchner

    Listing agent Adam Lenchner License #475191332

    Listing office ALLURE Real Estate

    Listing date Oct 20, 2025

    Source Compass

    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

    • Large 1.18 acre lot with fully fenced yard, perfect for outdoor storage.
    • Zoned M2‑1 Light Industry District.
    • 8,525 square feet industrial building with 18‑foot clear ceilings.
    • Located in FEMA Zone X, indicating minimal flood risk.
    • Functional office space includes gas forced air, central AC, kitchen, and two bathrooms.
    • Convenient access to Interstate 57 via 119th 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 its existing legal use. The one-story masonry industrial building, constructed around 1956, contains approximately 8,525 square feet of above-grade area and is maintained in average overall condition, based on a September 16, 2024, inspection. Well-suited for light industrial operations, the building features approximately 18-foot clear ceilings in the shop area, two overhead doors, and ceiling-hung heat. A small office component includes gas forced air, central air conditioning, a kitchen, and two bathrooms. The improvements are situated on a generally rectangular parcel totaling approximately 51,563 square feet (about 1.18 acres), featuring 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. 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. 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

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6432156
    Latitude
    41.6821418

    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 11629 South 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: Large 1.18 acre lot with fully fenced yard, perfect for outdoor storage.; Zoned M2‑1 Light Industry District.; 8,525 square feet industrial building with **18‑foot clear ceilings**.
    More about this property
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