4851 Tod Ave East Chicago, IN 46312
This exceptional Lake County industrial property, located at 4851 Tod Avenue, offers 185,148 square feet of warehouse and manufacturing space within a single, one-story building constructed in 1946. The property sits on a 6.47-acre lot and is zoned M-1. Currently, there are two suites available, with a minimum divisible space of 22,000 square feet and 22,000 square feet currently vacant. The building features a 32-foot clear ceiling height (25 feet under the hook), one drive-in door, and robust power capabilities: 3500 KVA, 480V, 3-phase power distributing 600 amps. While there are no elevators, the property boasts ample space for various industrial needs. Marketing materials indicate that portions of the space include 10-ton cranes and halide lighting throughout. This Class C property presents a significant opportunity for businesses seeking substantial warehouse or manufacturing space in a well-located industrial area. The property's size and features make it suitable for a variety of industrial uses. The substantial power supply ensures the ability to accommodate energy-intensive operations. The available space is immediately ready for occupancy.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.