Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production 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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