Property summary
This 20,020-square-foot industrial property, located at 12054 S. Doty Ave. in Chicago, IL, is offered for sale at $2,750,000. Built in 1982 and extensively renovated in 2009, this single-story building sits on a 2.03-acre lot and features 18-foot ceilings, three loading docks, and ample parking (131 stalls). The property boasts significant infrastructure improvements, including eleven RTUs (ten 20-ton and one 15-ton), upgraded electric (over 1200 amps, 3-phase power), a fully sprinklered system, and a new roof installed in 2009. Interior features include a full kitchen, walk-in cooler and freezer, eight restrooms, showers, a courtyard, and a locker room. Previously configured for entertainment use, the space easily converts to industrial, warehouse, flex, or light manufacturing. Security features include a security system, retractable gates, and a fenced site with exterior monitoring. The property benefits from excellent visibility from I-94 (over 160,000 vehicles per day) and pylon signage, and is situated in a Tax Increment Financing (TIF) district. The property's APN is 25-22-401-031-0000 and is zoned C2-2. Annual maintenance reports are available. An adjacent 24,000-square-foot industrial facility is also available.
Property profile
VerifiedCap rate & NOI
Current use
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Storage Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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