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    834 W 49Th Pl Chicago, IL 60609

    For Lease
    $5,500 /Mo ($9 SF/Yr)

    7,000 SF warehouse with fenced lot near Halsted.

    Property size:
    7,000 SF
    Lot size:
    7,000 SF

    Property Features for 834 W 49Th Pl

    General Information

    Size
    7,000 SF

    Source: Beverly Hayes Agent Beverly Hayes

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

    Overview

    Well-Maintained Warehouse with Fenced Lot

    This 7,000 square foot warehouse is located one block west of Halsted and two blocks south of 47th Street. The property features one 9' x 12' drive-in door and is zoned PMD 8. It is suitable for dead storage. The lease rate includes an adjacent 7,000 square foot fenced lot, which can be used for excess equipment storage. The warehouse is clean and well-maintained. It is equipped with gas forced air heat and 220/3-phase power. The space is not sprinklered and can accommodate racking two high. The location is approximately 10 minutes from the CBD.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    47th Truck Parking and Mobile Diesel Repair, Devon Shipping & Receiving, Crozet Self Storage Unit

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6469393
    Latitude
    41.8045952

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    FAQs

    What type of property is this?
    Warehouse - 7,000 SF warehouse with fenced lot near Halsted.
    Where is this warehouse located?
    The property is located at 834 W 49Th Pl Chicago, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Well-maintained warehouse in a desirable location: one block west of Halsted, two blocks south of 47th Street.; - Includes adjacent fenced lot of 7,000 SF for equipment storage.; - Convenient access to CBD (10 minutes).
    (708) 819-5979
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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
    834 W 49Th Pl Chicago, IL 60609
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