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    2508 Maypole Ave Chicago, IL 60612

    For Lease
    $10 SF/Yr ($11,666 /Mo)

    Versatile Manufacturing/Warehouse in Chicago

    Lot size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 14,000-square-foot industrial property, located at 2508 W Maypole in Chicago, IL, 60612, presents a unique opportunity for a single tenant. Situated in Cook County, this building offers a flexible layout suitable for manufacturing, flex, warehouse, or distribution operations. The property boasts two loading docks, each equipped with overhead doors, ensuring efficient loading and unloading. The interior features newly poured concrete floors, high ceilings providing ample vertical space, and a well-appointed office area along with a lunchroom. Modern upgrades include new area heaters, strategically placed skylights for natural light, and a comprehensive sprinkler system for fire safety. The entire 14,000 square feet is currently vacant, allowing for complete customization to meet specific operational needs. This prime location in Chicago offers excellent access to major transportation routes, making it an ideal choice for businesses seeking efficient logistics and distribution capabilities. The property's combination of modern amenities, flexible space, and strategic location makes it an attractive investment opportunity.

    Property Features for 2508 Maypole Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,000 SF
    Total Rate
    11666.67

    Unit(s) available at that property

    Space
    Space Available
    Size
    14,000 SF
    Rate per SF
    $10

    HighLights

    • 14,000 SF industrial building at 2508 W Maypole, Chicago, IL 60612.
    • Suitable for manufacturing, flex, warehouse, or distribution.
    • Two loading docks with overhead doors.
    • Features new concrete floors, high ceilings, office space, and lunchroom.
    • Modern upgrades include new heaters, skylights, and a sprinkler system.
    • Currently vacant and available for immediate occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    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
    -87.6888471
    Latitude
    41.8839809

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    FAQs

    What type of property is this?
    Distribution property - Versatile Manufacturing/Warehouse in Chicago
    Where is this distribution property located?
    The property is located at 2508 Maypole Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 14,000 SF industrial building at 2508 W Maypole, Chicago, IL 60612.; Suitable for manufacturing, flex, warehouse, or distribution.; Two loading docks with overhead doors.
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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
    2508 Maypole Ave Chicago, IL 60612
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