4131 State St, Chicago, IL 60609
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.