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    221 N Washtenaw Ave Chicago, IL 60612

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    For Sale
    Contact for pricing

    179,404 SF available for lease or build-to-suit.

    Property size:
    179,404 SF
    Lot size:
    9.96 Acres

    Property Features for 221 N Washtenaw Ave

    General Information

    Size
    179,404 SF
    Lot size
    9.96 Acres

    Source: Colliers | Chicago Rosemont Agent Sean Austin

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

    Overview

    Available Warehouse Space in Chicago

    This property offers 179,404 square feet available for lease or build-to-suit options. The space is divisible and features a 32' clear height. It includes 36 exterior docks and 3 drive-in doors (DIDs). Parking is available with 356 car parking spaces, 86 van/box truck stalls, and 48 trailer stalls. There is the ability to add a second-story warehouse and/or additional parking. Located in a prime urban location, the property also offers enterprise zone tax incentive opportunities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Life Storage, Daily Meat Supply, Inc., Cadogan Tate | Fine Art & Interior Designer Services | Moving & Storage Services, ABW Self Storage Unit, Two Men and a Truck Moving and Storage

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6941366
    Latitude
    41.8846048

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    FAQs

    What type of property is this?
    Warehouse - 179,404 SF available for lease or build-to-suit.
    Where is this warehouse located?
    The property is located at 221 N Washtenaw Ave Chicago, IL.
    What are key features of this property?
    This property features: - 179,404 SF available for lease or build-to-suit, divisible to suit your needs.; - Features 36 exterior docks for efficient loading and unloading.; - Benefit from 32' clear height, ideal for various storage and operational needs.
    (847) 698-8444
    Request Owner's contact information
    221 N Washtenaw Ave Chicago, IL 60612
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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
    221 N Washtenaw Ave Chicago, IL 60612
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