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    2217 Loomis St Chicago, IL 60608

    For Lease
    Contact for pricing

    Large industrial warehouse, divisible, 5.71 acres

    Lot size:
    39,233 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property at 2217 S. Loomis Street in Chicago, IL, offers 39,233 square feet of warehouse space available for lease. The single-tenant building sits on a substantial 5.71-acre lot and boasts a ceiling height of 19 feet 6 inches. The space is currently entirely vacant and is divisible to 9,000 square feet, offering flexibility for various business needs. The property is zoned PMD-11A, allowing for a range of uses including building materials sales, contractor storage, heavy equipment rental or sales, trailer and container parking, and truck or fleet maintenance. The substantial lot size and high power capacity (2,000 amps) make this an ideal location for businesses requiring significant space and robust power infrastructure. Located in Chicago, IL, zip code 60608, this property presents a unique opportunity for businesses seeking a large, versatile warehouse space in a strategic location. The property's size and zoning provide ample room for expansion and diverse operational needs. Inquire today to learn more about this exceptional opportunity.

    Property Features for 2217 Loomis St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,233 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    39,233 SF

    HighLights

    • 39,233 SF available, divisible to 9,000 SF.
    • 4,631 SF of office space.
    • 5.71‑acre site.
    • Equipped with new LED lighting.
    • Zoned PMD‑11A, allowing building materials sales, contractor storage, heavy equipment rental/sales, trailer/container parking, and truck/fleet maintenance.
    • Excellent access to I‑55, I‑90, I‑290, and the Chicago CBD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Michigan Brick Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6608681
    Latitude
    41.8518003

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    FAQs

    What type of property is this?
    Distribution property - Large industrial warehouse, divisible, 5.71 acres
    Where is this distribution property located?
    The property is located at 2217 Loomis St Chicago, IL.
    What are key features of this property?
    This property features: 39,233 SF available, divisible to 9,000 SF.; 4,631 SF of office space.; 5.71-acre site.
    Request Owner's contact information
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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
    2217 Loomis St Chicago, IL 60608
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