Property profile

3114 Carroll Ave Chicago, IL 60612

OFF-MARKET
Office Spaces
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This single-tenant property at 3114 W Carroll offers 33,000 square feet of versatile space, ideal for manufacturing, distribution, or similar operations. The layout features a sizable open warehouse area perfect for large-scale activities, complemented by dedicated office space for administrative functions. This prime location ensures easy accessibility and efficient logistics, offering significant advantages for businesses needing both warehouse and office functionality. The property boasts a competitive monthly lease rate of $16,500, translating to only $0.50 per square foot. This represents exceptional value for the substantial space and strategic location. The building's convenient access to the expressway and train further enhances its appeal. This is an unparalleled opportunity to secure a high-quality commercial property that seamlessly integrates operational and administrative needs. Don't miss this chance to establish your business in this exceptional facility.

Property profile

Verified
Property type Office Spaces

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
  • Theater & Performing Art Venue
  • Electronics & Wireless Store Computer & Electronic Repair
  • Metal Fabrication Plant Factory

Location

3114 Carroll Ave Chicago, IL 60612
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3114 Carroll Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message