Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
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
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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