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    220 N Laflin St Chicago, IL 60607

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    For Sale
    Contact for pricing

    Single-story flex/industrial building, great investment opportunity.

    Property size:
    7,906 SF
    Lot size:
    0.18 Acres

    Property Features for 220 N Laflin St

    General Information

    Size
    7,906 SF
    Lot size
    0.18 Acres

    Source: CRE Advising Agent Steve Horvath

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

    Overview

    Flex/Industrial Building For Sale

    This single-story flex/industrial building presents a great investment opportunity. The property is zoned PMD-4B. 2023 taxes were $57,441. The warehouse/barrel-truss roof has 7.5 years remaining on a 20-year warranty, with trusses reinforced by new tie rods. The front office roof has 6 years remaining on a 10-year warranty. A newly constructed front office features high bay ceilings, a skylight, a drive-in door, exterior lighting, a split-system air conditioner, and a new restroom. The warehouse has been fully sandblasted and is air-conditioned with two new 7.5-ton RTUs, plus a triple-catch basin and a new restroom. The building has undergone extensive tenant build-out on top of the base building. The property size is 7,906 square feet.
    Location Intelligence

    Current Use by Public Records

    Braun Intertec Corporation Engineering Consultant

    Suggested Use

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

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

    Similar Places Nearby

    Entertaining Company, Blue Plate, Occasions Chicago, Boutique Bites, Butter and Vine

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6646715
    Latitude
    41.8862216

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    FAQs

    What type of property is this?
    Flex space - Single-story flex/industrial building, great investment opportunity.
    Where is this flex space located?
    The property is located at 220 N Laflin St Chicago, IL.
    What are key features of this property?
    This property features: - **Warehouse is fully sandblasted and air conditioned** with two new 7.5 ton RTU’s, plus a triple-catch basin and new restroom.; - **Newly constructed front office with high bay ceilings, skylight, drive-in door, exterior lighting, split-system air conditioner and new restroom.**; - Warehouse/Barrel-Truss roof: 7.5 years into 20-year warranty; trusses reinforced with new tie rods.
    (312) 448-6401
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    220 N Laflin St Chicago, IL 60607
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    Chicago, IL 60607
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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
    220 N Laflin St Chicago, IL 60607
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