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    9202 Sangamon St Chicago, IL 60620

    For Lease
    $8 SF/Yr

    ±40,000 SF Warehouse Available

    Lot size:
    79,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This ±40,000 square foot industrial warehouse space in Chicago, IL, is situated on a 7-acre lot within a larger 22-acre complex at 9202 S Sangamon St, 60620. The single-story building, constructed in 1980, boasts a 22-foot ceiling height, making it ideal for various industrial uses. The space features six dock-high doors and one drive-in door, ensuring efficient loading and unloading. The property includes ample parking, with 10,000 square feet of adjacent outdoor parking available, and the possibility of leasing additional outdoor space. The warehouse is equipped with a wet sprinkler system, new LED lighting, wide bays, floor drains, and gas-forced air heat. It also benefits from heavy floor loads, suitable for heavier machinery or storage. The M1-1 zoning allows for uses such as truck repair, light manufacturing, or warehousing. The building is part of a well-maintained industrial complex and the owner is open to negotiating an office build-out for a suitable tenant. The property is conveniently located near 92nd Street and two blocks west of Halsted Street. The total building size is 79,000 square feet.

    Property Features for 9202 Sangamon St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    79,000 SF
    Total Rate
    55958.33

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    40,000 SF
    Rate per SF
    $8

    HighLights

    • 24‑foot clear ceiling height.
    • Six dock‑high doors with levelers, plus one drive‑in door.
    • Excellent location in a super industrial area.
    • Less than 10‑minute access to I‑94 and I‑57 expressways.
    • Secure facility with perimeter fencing, dedicated entrance, and on‑site property management.
    • 10,000 square feet of outdoor paved parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.646964899079
    Latitude
    41.724898958513

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    FAQs

    What type of property is this?
    Distribution property - ±40,000 SF Warehouse Available
    Where is this distribution property located?
    The property is located at 9202 Sangamon St Chicago, IL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 24-foot clear ceiling height.; Six dock-high doors with levelers, plus one drive-in door.; Excellent location in a super industrial area.
    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
    9202 Sangamon St Chicago, IL 60620
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