601 81St St, Chicago, IL 60620
This vacant 46,000 square foot industrial warehouse, located at 601 W 81st Street in Chicago, Illinois, is offered for sale at $750,000. The property features two loading docks with two dock-high doors, an 18-foot ceiling height, and a freight elevator. The building, constructed in 1906, comprises one four-story structure situated on a 71,750 square foot lot. The property includes approximately 2,000 square feet of office space. Electrical service includes 1200 Amps 120-240V for the warehouse and 1600 Amps 480V for the main building. A sprinkler system is in place. The property is zoned M1-2, allowing for a variety of uses, including light manufacturing, distribution, e-commerce fulfillment, logistics, and transportation operations. Its strategic location provides easy access to major highways, public transportation (including Metra), and key transportation hubs such as Midway and O'Hare International Airports, the Port of Chicago, and the regional freight network. The property's proximity to the Green Era Campus, a developing renewable energy hub, adds to its appeal. The asking price is $750,000, representing a price per square foot of $16.30. The property is currently vacant. The Cook County Assessor's Parcel Number (APN) is 20-33-119-023-0000.
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Aabbitt Adhesives Inc Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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