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3065 N Rockwell St, Chicago, IL 60618

The Chicago parcel is located at 3065 N Rockwell St.

Property Size63,000 SF
Price / SF$146.83
Days on Market4

Property Features for 3065 N Rockwell St

General Information

Standard status Active
Size 63,000 SF
Property subtype INDUSTRIAL

Site & Location

Neighborhood Avondale
Listing Agency: CRE Advising
Listed By: Justin Collins · License #IL 475142795
Source: Moodyscre
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 5:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CRE Advising

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Investment Insights

Based on property information with market context.

This industrial land parcel encompasses 63,000 square feet at 3065 N Rockwell St in Chicago, Illinois 60618.

Key Highlights

  • 63,000‑square‑foot industrial land parcel
  • Located at 3065 N Rockwell St, Chicago, IL 60618

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$268,336
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,366,720 $5.4M
Cap Rate 7%
$3,833,371 $3.8M
Cap Rate 9%
$2,981,511 $3.0M
Market Conditions
NOI Build-Up for 63,000 SF
Gross rent
$408.2K $6.48/SF
− Vacancy
−$24.9K −$0.40/SF
EGI
$383.3K $6.08/SF
− OpEx
−$115.0K −$1.83/SF
NOI
$268.3K $4.26/SF
Area
ZIP 60618
Vacancy
6.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,366,720
Cap Rate 7%
$3,833,371
Cap Rate 9%
$2,981,511

Alternative Uses

Best Use
Industrial
$3.83M
$3.35M – $4.47M (±1% cap)
NOI $268,336 @ 7.0% cap · market cap 2.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$27.53M
$24.09M – $32.11M (±1% cap)
NOI $1,926,820 @ 7.0% cap · market cap 20.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Leangreen Healthy Vending, ... Big Box & Wholesale Store Mark Yee artist Artist Stubing & Gannon Brewery & Distillery Colin Beckett Photography Marketing & Advertising Tessera Glass Works Interior Design

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store HVAC Service Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,256
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - The Chicago parcel is located at 3065 N Rockwell St.
Where is this industrial land located?
The property is located at 3065 N Rockwell St Chicago, IL.
What is the asking price?
The asking price for this property is $9,250,000.
What are key features of this property?
This property features: 63,000‑square‑foot industrial land parcel; Located at 3065 N Rockwell St, Chicago, IL 60618
(312) 952-1911 Call to check price and availability
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