1534 Western Ave Chicago, IL 60608
- Warehouses
- 65,200 SF
- 1.41 lot acres
Current Use by Public Records
- The Sandbox Chicago / Bar
Property Details for 1534 Western Ave
- Lot size
- 1.41 lot acres
- Property size
- 65,200 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
Description
This exceptional 65,200-square-foot warehouse, located at 1534 S. Western Avenue in Chicago, Illinois, presents a compelling investment opportunity. Situated on a 1.41-acre lot in Cook County (zip code 60608), this four-story building boasts 12' to 14' ceilings, providing ample vertical space for various uses. The property is zoned PMD 7 and is currently vacant, offering immediate occupancy. Its strategic location offers convenient access to major transportation routes and boasts numerous loading docks and ample parking. The building's proximity to Cinespace Studios, a major film production facility, adds significant potential for synergistic business opportunities. The asking price for this substantial industrial property is $2,500,000. This property is located in an Opportunity Zone, offering potential tax advantages. This is a rare opportunity to acquire a well-situated, sizable warehouse in a thriving area of Chicago. The property's size, features, and location make it suitable for a wide range of industrial and distribution businesses. Don't miss this chance to own a piece of Chicago's industrial landscape.
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
- -87.6859
- Latitude
- 41.8601
