Food Production Manufacturing
For Sale
Contact for pricing
3220 W GRAND AVE, Chicago, IL 60651
Food production improvements are leased on an absolute net basis with 3.00% annual rent increases.
Property Size45,000 SF
Days on Market11
Property Features for 3220 W GRAND AVE
General Information
Standard status
Active
Size
45,000 SF
Property subtype
Industrial
Occupancy
100%
Lease Type
Net
Net Operating Income
$1,014,768
Building Details
Year Built
1990
Buildings
1
Units
1
Listing Agency:
Northmarq - Chicago
(312) 777-2437
Listed By:
Isaiah Harf · License #IL 471019332
Source:
Crexi
Added: Aug 10
Changed: Aug 15
Last Checked: Aug 20 at 12:19PM
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 Northmarq - Chicago
Investment Insights
Based on property information with market context.
The offering includes a fee-simple interest in a 45,000-square-foot manufacturing facility designed for food production. Built in 1990, the property provides a specialized industrial setting for its current operation.
The Chicago facility is fully occupied under an absolute net lease. Contractual rent increases of 3.00% annually provide a defined escalation structure, while the sale encompasses the underlying real estate interest.
The Chicago facility is fully occupied under an absolute net lease. Contractual rent increases of 3.00% annually provide a defined escalation structure, while the sale encompasses the underlying real estate interest.
Key Highlights
- 45,000‑square‑foot food production manufacturing facility
- Fee‑simple interest offered for sale
- Built in 1990
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
Explore this area
Business Placement
Demographics for 60651, IL
62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
Market
Vacancy Rate% for Industrial in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Food production improvements are leased on an absolute net basis with 3.00% annual rent increases.
Where is this manufacturing property located?
The property is located at 3220 W GRAND AVE Chicago, IL.
What are key features of this property?
This property features: 45,000‑square‑foot food production manufacturing facility; Fee‑simple interest offered for sale; Built in 1990
