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    OFF-MARKET
    Warehouses

    2348-2358 Seeley Ave, Chicago, IL 60647

    15,800 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 15,800 square foot warehouse property at 2348-2358 N. Seeley Ave in Chicago, IL, is offered at $2,500,000. Ideally suited for owner-users seeking a substantial warehouse space, this property also presents a compelling redevelopment opportunity for developers. Located in the vibrant Bucktown neighborhood, it benefits from convenient access to I-94, providing quick commutes to both downtown Chicago and the city's northern limits. The location is strategically positioned near affluent neighborhoods including Lincoln Park, Wicker Park, and Logan Square, enhancing its appeal and potential. Public transportation is readily available via bus routes connecting to multiple 'L' lines and the Clybourn Metra station, located just one mile away. The seller will consider a zoning change contingency. This central location offers unparalleled accessibility and significant potential for various uses. The property is zoned for industrial use.

    Property profile
    Verified
    Property type Warehouses
    Total area 15,800 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
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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