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    OFF-MARKET
    Warehouses

    14432 California Ave, Blue Island, IL 60406

    4,000 SF 0.49 ac lot Built 1980
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,000-square-foot warehouse, located at 14432 S. California Ave. in Posen, Illinois (zip code 60406), presents a unique investment opportunity. Situated on a 0.49-acre lot in Cook County, this Class B industrial property underwent a complete renovation in 2022, boasting a fresh and modern interior. The single-story building, constructed in 1980, features two dock-high doors, facilitating efficient loading and unloading. The 14-foot ceiling height provides ample vertical space for various operational needs. The property's zoning is designated as Industrial, making it suitable for a range of uses. Key features include a newly remodeled office space, updated bathrooms, and a full kitchen, enhancing functionality and comfort. The property also benefits from a fenced parking area, providing ample space for vehicles and equipment. This turn-key facility is currently vacant and ready for immediate occupancy. A unique opportunity exists to potentially combine this property with a neighboring property through a separate agreement. This property is conveniently located in Blue Island, Illinois.

    Property profile
    Verified
    Property type Warehouses
    Year built 1980
    Total area 4,000 SF
    Lot 0.49 ac (21,344 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
    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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