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    OFF-MARKET
    Warehouses

    12054 Doty Ave, Chicago, IL 60628

    20,020 SF 2.03 ac lot Built 1982
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Warehouses
    Year built 1982
    Total area 20,020 SF
    Lot 2.03 ac (88,427 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Marshall Self Storage Units Storage Facility
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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