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    5841 Dickens Ave Chicago, IL 60639

    For Sale
    Contact for pricing

    Huge Industrial Warehouse, 93,911 SF

    Property size:
    93,911 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional industrial warehouse property, located at 5841 W Dickens Ave in Chicago, Illinois, presents a significant investment opportunity. Boasting a substantial 93,911 square feet of space, this warehouse is situated on a generous 130,680 square foot lot. Constructed in 1974, the building features a desirable 13.5-foot ceiling height, providing ample vertical storage capacity. The property is zoned PMD 15, offering flexibility for a variety of industrial uses. Its Cook County location, with a Chicago address and 60639 zip code, provides excellent access to transportation networks and a robust workforce. The property's substantial size and strategic location make it ideal for businesses requiring significant storage and operational space. The ample lot size also allows for potential expansion or future development. The property's assessed parcel number (APN) is 13-32-225-004-0000. This warehouse is currently for sale and represents a rare opportunity to acquire a large-scale industrial property in a prime Chicago location. Serious inquiries are encouraged to explore the potential of this exceptional asset.

    Property Features for 5841 Dickens Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    93,911 SF

    Building Details

    Year Built
    1974

    HighLights

    • 93,911 SF industrial warehouse on a 130,680 SF lot in Chicago, IL.
    • 13.5‑foot ceiling height.
    • PMD‑15 zoning.
    • Located at 5841 W Dickens Ave, Chicago, IL 60639 (APN: 13‑32‑225‑004‑0000).
    • Built in 1974.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7721715
    Latitude
    41.9174878

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    FAQs

    What type of property is this?
    Distribution property - Huge Industrial Warehouse, 93,911 SF
    Where is this distribution property located?
    The property is located at 5841 Dickens Ave Chicago, IL.
    What are key features of this property?
    This property features: 93,911 SF industrial warehouse on a 130,680 SF lot in Chicago, IL.; 13.5-foot ceiling height.; PMD-15 zoning.
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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
    5841 Dickens Ave Chicago, IL 60639
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