4190 W 123rd St, Alsip, IL
7,190 SF warehouse with heavy-duty parking and secured fencing.
- Added:
- Sep 21, 2023
- Days on Market:
- 995
- Last Refresh:
- May 20 at 10:05 pm
Property Features for 4190 W 123rd St
General Information
- Standard status
- Active
- Size
- 7,190 SF
- Lot size
- 0.71 Acres
- Property subtype
- INDUSTRIAL
Listing agent David Conroy License #IL 475157955 (773) 307-5401
Listing office Cawley Chicago (773) 307-5401
Listing date Sep 21, 2023
Source Moodyscre
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 Cawley Chicago
HighLights
- Ideal contractor yard with heavy‑duty concrete parking lot and secure fencing.
- Excellent location: just 1 mile to I‑294 interchange.
- Special use permit for fleet maintenance repairs.
- Warehouse/shop: ± 6,290 Sq. Ft. with ± 900 Sq. Ft. office.
- (3) 14’h x 12’w Drive‑In Doors and 16' clear height.
- Total building size: ± 7,190 Sq. Ft. on ± 0.71 Acres.
Overview
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 | $67.8k | $9.43 |
| − Vacancy | −$3.7k | −$0.52 |
| EGI | $64.1k | $8.91 |
| − OpEx | −$9.6k | −$1.34 |
| NOI | $54.5k | $7.57 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Public Storage — 5200 W 127th St, Alsip, IL 60803
- Self-Storage at U-Haul — 11855 S Cicero Ave, Alsip, IL 60803
Location Insight
- Map
- Local Demand
- City
- Alsip
- County
- Cook
- State
- Illinois
- Longitude
- -87.7233
- Latitude
- 41.6697
