1400 98Th St, Chicago, IL 60628
This exceptional 211,928-square-foot industrial property, located within the Calumet Business Center, presents a significant opportunity. Building 8 is a single-tenant facility situated on a substantial 112-acre lot, offering ample space for manufacturing and distribution operations. Constructed in 1964, the building boasts twelve individual structures, providing flexibility and scalability. High ceilings, ranging from 18 feet 9 inches to 28 feet, accommodate various equipment and processes. The property features 26 loading docks for efficient material handling and 572 parking spaces to support a large workforce. The robust power supply, featuring 6-400a, 277/480v, ensures sufficient capacity for demanding industrial applications. Its strategic location south of downtown Chicago provides excellent access to major transportation arteries. The site benefits from rail service and proximity to Interstates 94, 57, 80, and 90, facilitating seamless logistics and distribution. The Calumet Business Center is an established industrial complex, anchored by prominent companies such as Del Monte, Grand Warehouse, WSI, and Cargill, underscoring the area's strong industrial presence and economic vitality. This property offers a rare combination of size, location, and infrastructure, making it an ideal choice for a variety of industrial businesses.
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WestRock Corporation Industrial Manufacturer Production Facility
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.