124 47Th St Chicago, IL 60609
- Warehouses
- 20,000 SF
- 0.21 lot acres
Current Use by Public Records
- Famous Lubricants Inc / Exporter
Property Details for 124 47Th St
- Year built
- 1907
- Lot size
- 0.21 lot acres
- Property size
- 20,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 20,000-square-foot warehouse, located at 124 W 47th Street in Chicago, Illinois, presents a compelling investment opportunity. The property, built in 1907, is a Class C, free-standing building situated on a 0.21-acre lot (with potential for additional land acquisition). The warehouse features one loading dock and one drive-in door, offering convenient access for loading and unloading. The building is a two-story structure with a single unit and is zoned M1-2, allowing for a variety of industrial uses. Its strategic location offers immediate access to I-90, providing seamless connectivity to major transportation routes. The property benefits from its proximity to the Stockyards Industrial Park, Bronzeville, Bridgeport, and Pilsen, providing access to a robust workforce and a wealth of amenities. The location is also approximately 30 minutes from O'Hare International Airport. This property offers significant potential for future expansion, making it an attractive investment for businesses seeking a well-located, functional warehouse space in a thriving industrial area of Chicago. The Cook County Assessor's Parcel Number (APN) is 20-04-446-030-0000. The asking price for this unique opportunity is $425,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6293
- Latitude
- 41.8094
