3100 Homan Ave Chicago, IL 60623
This exceptional Chicago industrial property offers a rare opportunity to acquire three buildings totaling approximately 35,000 square feet on a substantial 4.45-acre lot. The complex, located at 3100-3106 S. Homan Avenue, features a mix of building sizes and construction types, providing flexibility for various uses. Building 3100, constructed in 1961, offers approximately 7,000 square feet with 1,200 square feet of office space, 10-15 foot ceilings, and 400 amp power. It's a masonry and steel structure with gas heating and one non-functional dock. Building 3104, also built in 1961, comprises approximately 12,000 square feet, including 220 square feet of office space, 18-20 foot ceilings, 220 amp power, and masonry and steel construction with gas heating. Loading consists of two docks (one non-functional) and one drive-in door. Finally, Building 3106, a 1990 steel structure, boasts approximately 16,000 square feet, 1,000 square feet of office space, 15-21 foot ceilings, and 400 amp, 240V, 3-phase power. This building features twelve drive-in doors, including six drive-through bays. The property benefits from ample parking, a secure yard, trailer parking, drive-through capabilities, and a triple catch basin. Its M3-3 zoning allows for potential redevelopment or expansion of parking. The location provides direct access to I-55, offering excellent transportation links. This unique offering presents a compelling investment opportunity in a prime Chicago location.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.