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Property profile & analytics
OFF-MARKET
Warehouses

6958 60Th St Chicago, IL 60638

47,000 SF 4.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 47,000-square-foot industrial property, situated on a generous 4.4-acre lot in Chicago's Clearing Industrial Area, presents a compelling investment opportunity. The property boasts a highly desirable location with convenient access to I-55 via Harlem Avenue. Enhanced security features include a fully gated, private setting, with 60th Street ending at the automated gated entrance. Recent improvements include updated offices, new asphalt paving, and significant roof repairs. The warehouse itself offers functional features such as three loading docks, two drive-in doors, and impressive ceiling heights ranging from 16 to 18 feet. The property is zoned PMD 12 and is a single-tenant building with a modified lease type. This well-maintained facility is ideal for distribution, manufacturing, or warehousing operations, offering a blend of modern amenities and strategic location advantages within a secure and private environment. The property's size and features make it suitable for a variety of industrial uses, providing ample space for storage, operations, and office functions. Its prime location and recent upgrades ensure a high-quality and efficient workspace. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving Chicago market.

Property profile
Verified
Property type Warehouses
Total area 47,000 SF
Lot 4.4 ac (191,664 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • More Pallets - Chicago Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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