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    2946 N Western Ave Chicago, IL 60618

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    For Lease
    $10 SF/Yr ($1,212 /Mo)

    Industrial property featuring heavy parking and outdoor storage.

    Property size:
    1,455 SF
    Lot size:
    5.70 Acres

    Property Features for 2946 N Western Ave

    General Information

    Size
    1,455 SF
    Lot size
    5.70 Acres
    Source: Moodyscre

    Listing Agent: Adam Schneiderman

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

    Overview

    Industrial Space with Outdoor Storage

    This industrial property offers 1,455 square feet of space suitable for warehouse or industrial use. The property features heavy parking and outdoor storage capabilities. The building has a concrete floor and a truss roof, providing a clear-span interior. A wet sprinkler system is in place. There is potential to expand the loading dock and drive-in doors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Heartland Storage Self-Storage Facility Belly Acres Designs Custom T-Shirt Store Chicago Northside Storage ... Self-Storage Facility

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Near Perfect Storage Units, Freeway Self Storage, Near-by Self Storage Units - Chicago, IL, Self Storage, Move4U Movers, Moving Company

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6886811
    Latitude
    41.9349297

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    FAQs

    What type of property is this?
    Warehouse - Industrial property featuring heavy parking and outdoor storage.
    Where is this warehouse located?
    The property is located at 2946 N Western Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Heavy parking and outdoor storage available; - Clear-span design offers flexible space; - Concrete floor load for heavy-duty use
    (773) 736-3600
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    2946 N Western Ave Chicago, IL 60618
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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
    2946 N Western Ave Chicago, IL 60618
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