Property profile

1917 Walnut St Chicago, IL 60612

OFF-MARKET
Warehouses
47,869 SF 1.52 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Total area 47,869 SF
Lot 1.52 ac (66,211 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
  • Department Store

Location

1917 Walnut St Chicago, IL 60612
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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