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    OFF-MARKET
    Warehouses

    601 81St St, Chicago, IL 60620

    46,000 SF Built 1906
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Warehouses
    Year built 1906
    Total area 46,000 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
    • Aabbitt Adhesives Inc Industrial Manufacturer Production 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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