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    11540 Central Ave Alsip, IL 60803

    Sponsored
    For Sale
    Contact for pricing

    7,200 SF Manufacturing/Warehouse, 1.81 Acres

    Property size:
    7,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,200-square-foot industrial facility, built in 2021, is ideally situated on a 1.81-acre lot in Alsip, Illinois, at 11540 S Central Ave, zip code 60803. The property boasts a prime location with easy access to the 127th St. & I-294 four-way interchange, ensuring efficient transportation and logistics. Zoned I-2 special use, this versatile space is perfect for manufacturing and warehousing operations. The building features five bays, a spray booth, and ample power with 400 amps of 3-phase electricity. Included in the sale is all existing equipment. Convenient parking is provided for eleven vehicles. The property also includes a second-floor kitchenette and shower, adding to its functionality and appeal. Real estate taxes for 2022 were $110,000. This turnkey operation presents a rare opportunity for a business seeking a modern, well-equipped industrial space in a strategic location. The property's size, amenities, and location make it an attractive investment for a variety of industrial uses. Don't miss this chance to acquire a high-quality, ready-to-use industrial facility.

    Property Features for 11540 Central Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    7,200 SF
    Lot Size
    78,844 SF

    HighLights

    • 400 Amp, 3‑phase power.
    • Five (5) bays.
    • 2022 Real Estate Taxes: $110,000.
    • Spray booth included.
    • All existing equipment included.
    • Excellent access to I‑294 and 127th Street interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jenin First Inc Truck Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alsip
    County
    Cook
    State
    Illinois
    Longitude
    -87.7591505
    Latitude
    41.6799497

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    FAQs

    What type of property is this?
    Distribution property - 7,200 SF Manufacturing/Warehouse, 1.81 Acres
    Where is this distribution property located?
    The property is located at 11540 Central Ave Alsip, IL.
    What are key features of this property?
    This property features: 400 Amp, 3-phase power.; Five (5) bays.; 2022 Real Estate Taxes: $110,000.
    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
    11540 Central Ave Alsip, IL 60803
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