Property summary
This ±47,869 square foot industrial building in Chicago's Kinzie Corridor offers a unique owner-user opportunity. Situated on approximately 1.52 acres, the property boasts six interior recessed loading docks and ample parking for approximately 70 vehicles. Ceiling heights vary, ranging from 10'1" to 20'6", providing flexibility for various uses. The building features a 2,000-amp, 3-phase power system and a partially wet sprinkler system. Zoned PMD 4A, this property benefits from its location within an Opportunity Zone and Chicago Enterprise Zone IV, offering potential tax advantages. Conveniently located near public transportation, including CTA bus stops and the Metra Western Avenue station, and with quick access to I-290 and I-90/94 expressways, this property offers unparalleled accessibility. The 2023 real estate taxes were $87,213. The sale price is subject to offer.
Property profile
VerifiedCap rate & NOI
Current use
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Department Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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