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    2922 26Th St Chicago, IL 60623

    Sponsored
    For Sale
    $3,200,000

    Spacious warehouse, ideal location, great price.

    Property size:
    50,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 50,000 square foot warehouse, located at 2922-44 W 26th St in Chicago, Illinois, presents a compelling investment opportunity. The property, identified by APN 16-25-127-037-0000, is zoned M1-2 and offers significant advantages for various industrial uses. Boasting three loading docks, this warehouse provides efficient and convenient access for loading and unloading operations. Ceiling heights vary, ranging from 13 feet to a generous 18 feet, accommodating a wide array of storage and operational needs. Its strategic location offers unparalleled accessibility. Situated just six miles from downtown Chicago and a mere mile from I-55, this property benefits from exceptional highway connectivity. Furthermore, its proximity to Midway International Airport enhances logistical efficiency. The warehouse is ideally positioned at the entrance to Little Village, Chicago's second highest-grossing retail corridor, providing significant potential for synergistic business opportunities. The asking price for this substantial industrial property is $3,200,000. This represents a rare chance to acquire a well-located, functional warehouse in a thriving Chicago neighborhood.

    Property Features for 2922 26Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    50,000 SF

    HighLights

    • Excellent location, 6 miles from downtown Chicago and 1 mile from I‑55.
    • Proximity to Midway International Airport.
    • High‑traffic location at the entrance to Little Village, Chicago's second‑highest grossing retail corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cacjr Granite Co. Granite Supplier

    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
    -87.6987184
    Latitude
    41.8447745

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, ideal location, great price.
    Where is this distribution property located?
    The property is located at 2922 26Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: Excellent location, 6 miles from downtown Chicago and 1 mile from I-55.; Proximity to Midway International Airport.; High-traffic location at the entrance to Little Village, Chicago's second-highest grossing retail corridor.
    Request Owner's contact information
    2922 26Th St Chicago, IL 60623
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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
    2922 26Th St Chicago, IL 60623
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