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1820 Major Ave Chicago, IL 60639

OFF-MARKET Warehouses Google Maps
30,000 SF Built 1946
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This 30,000-square-foot industrial property in Chicago's Austin/Galewood Industrial Park is available for $1,300,000. The vacant building, constructed in 1946, sits on a 49,045-square-foot lot and is zoned M1-2, allowing for diverse uses. Features include a two-story structure, one loading dock with one dock-high door, and ceiling heights ranging from 11'6" to 19'4". The building offers a mix of high-bay warehouse space and approximately 5,000 square feet of office space. Past uses included manufacturing, printing, plating, and screening. The property includes designated employee parking and is conveniently located near key Class II truck routes (W North Ave. & N Cicero Ave.). The building is fully heated, and the office space is heated and air-conditioned. Ample three-phase power is available. Capital improvements include office build-out and roof maintenance. The property is fully sprinklered. This location offers easy access to both the downtown and suburban markets, making it an attractive opportunity for owner-users or investors. The property's address is 1820 N Major Ave, Chicago, IL 60639.

Property profile

Verified
Property type Warehouses
Year built 1946
Total area 30,000 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
  • Industrial Manufacturer Production Facility
  • (Bike/Boat/Book/etc) Store

Value estimations

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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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