2722 S Hillock Avenue Chicago, IL 60608
COMMERCIAL - Chicago, IL
- Added:
- Jul 7, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 11 at 9:06 am
Property Features for 2722 S Hillock Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- MANUF
- Standard status
- Active
- APN
- 17293070330000
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 16827
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1954
- Floors in Building
- 2
- Building materials
- Brick
Listing agent Natalie Ruffolo (312) 335-3291
Listing office Jameson Sotheby's Intl Realty 425 W. North Ave. suite 1, Chicago, IL (312) 751-0300
Listing date Jul 7, 2026
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The building sits on two city lots and provides ample street parking. The property is being sold “as-is.” The listed zoning is MANUF.
As presented, the configuration supports combined office and warehouse use within one building, with clear separation between the front office/conference areas and the rear warehouse spaces.
Key Highlights
- Brick mixed‑use property with approx. 7,000 SF on two city lots
- Main level offers ample open office space, private offices, and a kitchen
- Two restrooms and a second‑level conference room were recently renovated
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.0k | $9.43 |
| − Vacancy | −$3.6k | −$0.52 |
| EGI | $62.4k | $8.91 |
| − OpEx | −$9.4k | −$1.34 |
| NOI | $53.0k | $7.57 |
Alternative Uses
Property Analytics
Current Use by Public Records
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