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    2101 Peoria St Chicago, IL 60608

    Sponsored
    For Lease
    $17 SF/Yr ($8,020 /Mo)

    Single-tenant industrial warehouse, ideal for distribution.

    Lot size:
    5,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5,500-square-foot industrial warehouse, located at 2101 S Peoria St in Chicago, IL 60608, presents a unique opportunity. Built in 1920 and renovated in 2002, this single-story building boasts a 14-foot ceiling height, perfect for various storage and distribution needs. The property features a single drive-in door, offering convenient access for loading and unloading. While there are no on-site parking spaces or loading docks, the property benefits from the availability of nearby dock access. The building is zoned M2-2 and is served by 100-amp single-phase power. The building's bow truss roof is a notable architectural feature. Its location offers easy access to the Dan Ryan Expressway and proximity to Chicago's central business district (CBD). The property is a stand-alone building, providing excellent independence and control. For credit-worthy tenants, management is committed to further improvements. This is an excellent opportunity for a business seeking a well-located, functional warehouse space in a prime Chicago location.

    Property Features for 2101 Peoria St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,500 SF
    Total Rate
    8020.83

    Building Details

    Year Built/Renovated
    1920/2002
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    5,500 SF
    Rate per SF
    $17

    HighLights

    • 5,500 SF industrial warehouse at 2101 S Peoria St, Chicago, IL 60608.
    • Single‑story building with 14' ceilings, built in 1920, renovated in 2002.
    • Features one drive‑in door; nearby dock access available.
    • M2‑2 zoning, 100‑amp single‑phase power.
    • Excellent location near the Dan Ryan Expressway and Chicago's CBD; stand‑alone building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -87.6478518
    Latitude
    41.8537548

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    FAQs

    What type of property is this?
    Distribution property - Single-tenant industrial warehouse, ideal for distribution.
    Where is this distribution property located?
    The property is located at 2101 Peoria St Chicago, IL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 5,500 SF industrial warehouse at 2101 S Peoria St, Chicago, IL 60608.; Single-story building with 14' ceilings, built in 1920, renovated in 2002.; Features one drive-in door; nearby dock access available.
    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
    2101 Peoria St Chicago, IL 60608
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