Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Landscaping (Bike/Boat/Book/etc) Store
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Charitable Organization Social Service Agency
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Landscaping General Contractor
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Real Estate Agency
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Coworking & Hybrid Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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