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    3401 W Division St Chicago, IL 60651

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    For Lease
    $6 SF/Yr ($9,114 /Mo)

    7500 SF storage building for lease near Midway Airport.

    Property size:
    17,500 SF
    Lot size:
    4.04 Acres

    Property Features for 3401 W Division St

    General Information

    Size
    17,500 SF
    Lot size
    4.04 Acres

    Source: CTK Chicago Partners | Chicago Agent Tim Newberg

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

    Overview

    Storage Building Near Midway Airport

    This property features a 7500 square foot storage building available for lease. It is located near Midway Airport and I-55, offering potential parking. The property can be used as an office building, warehouse, or for industrial purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sunstarr Apparel Uniform Store Midland Trading Inc Shipping Company Choi Brothers Sporting Goods Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -87.71213
    Latitude
    41.9025479

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    FAQs

    What type of property is this?
    Office building - 7500 SF storage building for lease near Midway Airport.
    Where is this office building located?
    The property is located at 3401 W Division St Chicago, IL.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - 7500 SF Storage building available for lease.; - Located in an Office Building.; - Possible parking available.
    (312) 399-0770
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    3401 W Division St Chicago, IL 60651
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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
    3401 W Division St Chicago, IL 60651
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