4131 State St, Chicago, IL 60609
This exceptional 60,000 square foot industrial property, located at 4131 S State St in Chicago, Illinois, presents a significant investment opportunity. The building, classified as M1-2 zoning, boasts a versatile layout suitable for manufacturing and warehousing operations. The three-story structure sits on a 1.3-acre lot and features a 14-20 foot ceiling height, providing ample vertical space for various industrial needs. The property includes one loading dock and one dock-high door, ensuring efficient loading and unloading of goods. Completely renovated in 2019, this property is in excellent condition and ready for immediate occupancy. Its strategic location offers convenient access to major transportation arteries, including the I-90/94 expressway, and is within close proximity to the CTA Red and Green lines, as well as CTA bus service, ensuring easy employee commutes and efficient logistics. The asking price for this vacant property is $5,395,000. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving Chicago market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.