5211 Otto Ave, Chicago, IL 60656
Manufacturing facility available for purchase.
- Added:
- Apr 7, 2026
- Days on Market:
- 66
- Last Refresh:
- Apr 7 at 8:03 pm
Property Features for 5211 Otto Ave
General Information
- Standard status
- Active
- Size
- 32,400 SF
- Property subtype
- Warehouse
Building Details
- Year Built
- 1965
Listing agent Reese D. Isacson License #License(s): IL: 475.21653 (312) 327-5459
Listing office Marcus & Millichap | Dallas (312) 327-5459
Listing date Apr 7, 2026
Source Marcusmillichap
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 Marcus & Millichap | Dallas
HighLights
- Sole manufacturing facility
- Marcus & Millichap representation
- Located at 5211‑5213 Otto Avenue
- Enjoy a 7.50% return
- Year Built: 1965
Overview
Local Financial Insights For Industrial
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 | $305.5k | $9.43 |
| − Vacancy | −$15.3k | −$0.47 |
| EGI | $290.3k | $8.96 |
| − OpEx | −$87.1k | −$2.69 |
| NOI | $203.2k | $6.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.8664272
- Latitude
- 41.9736258
