Property profile

4711 Lamon Ave Chicago, IL 60630

OFF-MARKET
Warehouses
41,432 SF
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Property summary

AI-generated overview

This exceptional 41,432-square-foot, two-story office and warehouse building presents a compelling investment opportunity in Chicago's vibrant Jefferson Park neighborhood. Currently 80% occupied, this multi-tenant property boasts a prime location between I-90 and I-94, with convenient access to the Mayfair Metra and CTA Blue Line. The building sits on a 24,463-square-foot lot and offers ample on-site and street parking. Recent renovations include a new roof, LED lighting, windows, bathrooms, and a fully upgraded electrical service. Other key features include a freight elevator conveniently located near two loading docks with two dock-high doors, skylights throughout, a fully sprinklered system, and 24/7 access controlled by Brivo. The property is zoned M1-1 and benefits from heavy power. This meticulously maintained building offers a blend of modern amenities and functional design, making it an ideal investment for discerning buyers seeking a strong return in a desirable location. The asking price is $4,250,000, translating to $102.58 per square foot. This represents a rare opportunity to acquire a well-maintained, partially occupied multi-tenant property with significant upside potential in a rapidly growing area of Chicago.

Property profile

Verified
Property type Warehouses
Total area 41,432 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
  • Food Processing Plant
  • Big Box & Wholesale Store
  • Textile Manufacturer Factory
  • Advertising Agency Marketing & Advertising

Location

4711 Lamon Ave Chicago, IL 60630
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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