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    3815 Ashland Ave Chicago, IL 60609

    Sponsored
    For Lease
    Contact for pricing

    Massive Refrigerated Space - Ideal for Distribution

    Lot size:
    99,407 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 99,407-square-foot refrigerated/cold storage warehouse, located at 3815 S Ashland Ave in Chicago, IL 60609, presents a significant opportunity for businesses requiring substantial cold storage capacity. The single-tenant property sits on a generous 5.02-acre lot and boasts a remarkable 50-foot ceiling height, providing ample vertical storage space. The building features 13 loading docks and one drive-in door, ensuring efficient and streamlined operations. With 46 total parking spaces, ample room is available for employee and visitor parking. The property is zoned PMD 8A, making it suitable for a variety of cold storage and distribution uses. The entire 99,407 square feet is currently vacant, offering immediate occupancy for a qualified tenant. This prime location in Chicago offers excellent access to major transportation arteries, facilitating seamless distribution throughout the region. The scale and functionality of this warehouse make it an ideal solution for large-scale cold storage operations seeking a strategically located and well-equipped facility. This is a rare opportunity to secure a substantial, ready-to-occupy cold storage warehouse in a highly desirable Chicago location.

    Property Features for 3815 Ashland Ave

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    99,407 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    99,530 SF

    HighLights

    • 99,530 SF building.
    • 50‑foot clear height.
    • 15,580 pallet positions (6.1 SF/pallet in freezer/cooler).
    • 38,463 SF of freezer space (50‑foot clear height, convertible to cooler).
    • 40,625 SF of freezer space (50‑foot clear height, convertible to cooler).
    • 15,491 SF of cold dock space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grand A International Co., ... Wholesaler Forte Packaging Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6652352
    Latitude
    41.8240633

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Massive Refrigerated Space - Ideal for Distribution
    Where is this refrigerated / cold storage located?
    The property is located at 3815 Ashland Ave Chicago, IL.
    What are key features of this property?
    This property features: 99,530 SF building.; 50-foot clear height.; 15,580 pallet positions (6.1 SF/pallet in freezer/cooler).
    Request Owner's contact information
    3815 Ashland Ave Chicago, IL 60609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3815 Ashland Ave Chicago, IL 60609
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