Property profile

4131 State St Chicago, IL 60609

OFF-MARKET
Warehouses
60,000 SF
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Property summary

AI-generated overview

This exceptional 60,000-square-foot property, located at 4131 S. State St in Chicago, IL, presents a unique opportunity for a single tenant. The building, encompassing both office and warehouse space, underwent a complete renovation in 2019. The flexible layout offers a blend of modern executive office space and substantial warehouse capabilities, ideal for a variety of businesses. The warehouse features high ceilings ranging from 14 to 16 feet, providing ample vertical storage space, and includes one loading dock for efficient goods handling. Situated on a 1.3-acre lot, the property provides ample outdoor space and convenient access. The zoning is M1-2, allowing for a range of industrial and commercial uses. The building's total square footage is 60,000 square feet, with all 60,000 square feet currently vacant and available for lease. The property's address is 4131 S. State St, Chicago, IL 60609. The Assessor's Parcel Numbers (APN) are 20-03-112-009-0000 and 20-03-112-010-0000. This prime location offers excellent accessibility and visibility, making it an attractive option for businesses seeking a strategic presence in the Chicago market. This is a single-tenant occupancy property.

Property profile

Verified
Property type Warehouses
Total area 60,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping (Bike/Boat/Book/etc) Store
  • Charitable Organization Social Service Agency
  • Landscaping General Contractor
  • Real Estate Agency
  • Coworking & Hybrid Office

Location

4131 State St Chicago, IL 60609
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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