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1657 Kostner Ave Chicago, IL 60639

OFF-MARKET Warehouses Google Maps
60,000 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 60,000-square-foot Class A industrial property, located at 1657 N Kostner Ave in Chicago, IL 60639, offers a versatile blend of distribution, flex, and warehouse space. The building boasts 35,000 square feet of net rentable area, spread across two stories, and features a recently completed (2024) renovation. The property is zoned M1-2 Commercial Service and includes ample parking with 200 spaces in a fenced lot. Loading and unloading are efficient with two loading docks and two dock-high doors. The high ceilings, ranging from 10 to 23 feet, provide ample vertical space for storage and operations. The building also includes newly updated office space. Electrical service is robust, featuring 800 amps, 3-phase 480/277 volt power. The property's convenient location on Kostner Avenue and North Avenue offers easy access to major transportation routes and is surrounded by established retail businesses including McDonald's, Menards, Aldi, and Burlington. This vacant property is available for a NNN lease and requires no credit rating from the tenant.

Property profile

Verified
Property type Warehouses
Total area 60,000 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
  • Corporate Office
  • General Contractor Renovation Specialist
  • Industrial Manufacturer Production Facility
  • Waste Management Facility Hazardous Waste Disposal

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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