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    3128 W Grand Ave Chicago, IL 60622

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    For Lease
    $14 SF/Yr

    Industrial property suitable for various business needs near Humboldt Park.

    Property Features for 3128 W Grand Ave

    General Information

    Standard status
    Active

    Source: COORDINATE PROPERTIES LLC Agent AMANDA STAMELOS

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

    Overview

    Industrial Space Near Humboldt Park

    Located just south of Humboldt Park, this property is suitable for industrial use and can be adapted to suit specific business needs. The property features two drive-in doors and a drive-in loading dock. Newly installed 440 Amp electrical service and LED lighting are present throughout the space. The surrounding area has a population of 42,113 with a median household income of $42,603 within a 1 mile radius. Grand Avenue experiences a traffic volume of just under 17,000 vehicles daily. The property is located less than a mile from the Kedzie Station Commuter Rail (UPW line) and Smith Park, and is near a variety of commercial businesses.
    Location Intelligence

    Current Use by Public Records

    W D Tool ... Machine Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    River North Storage Inc, Cold Storage, Cooper Technica Inc, Near Perfect Self Storage Units - Chicago IL, Extra Space Storage

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7049428
    Latitude
    41.8980582

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    FAQs

    What type of property is this?
    Warehouse - Industrial property suitable for various business needs near Humboldt Park.
    Where is this warehouse located?
    The property is located at 3128 W Grand Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime industrial space suitable for various business needs.; - Two drive-in doors and a drive-in loading dock for optimized logistics.; - Newly installed 440 Amp electrical service with LED lighting.
    (847) 409-4900
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    3128 W Grand Ave Chicago, IL 60622
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3128 W Grand Ave Chicago, IL 60622
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