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    4031 S Racine Ave Chicago, IL 60609

    For Lease
    Contact for pricing

    Industrial building with access to major interstates and downtown Chicago.

    Property size:
    35,909 SF
    Lot size:
    2.58 Acres

    Property Features for 4031 S Racine Ave

    General Information

    Size
    35,909 SF
    Lot size
    2.58 Acres

    Source: Lee & Associates | Chicago Agent Brian Vanosky

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

    Overview

    Industrial Space in Stockyards

    Located in the Stockyards industrial park, this industrial building offers 35,909 square feet of space suitable for manufacturing and distribution purposes. The property benefits from its location within Enterprise Zone 2 and is institutionally owned and managed. It provides immediate access to I-90/I-94 and I-55, facilitating transportation. The location also offers direct access to downtown Chicago and benefits from a strong labor market.
    Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.654971
    Latitude
    41.8205071

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    FAQs

    What type of property is this?
    Manufacturing property - Industrial building with access to major interstates and downtown Chicago.
    Where is this manufacturing property located?
    The property is located at 4031 S Racine Ave Chicago, IL.
    What are key features of this property?
    This property features: - Immediate access to I-90/I-94 and I-55; - Prime stockyards industrial park location; - Ideal manufacturing / distribution building
    (312) 560-2846
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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
    4031 S Racine Ave Chicago, IL 60609
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