12000 Doty Ave Chicago, IL 60628
- Retail space
- 11,100 SF
- 2.08 lot acres
Current Use by Public Records
- Retail space
Property Details for 12000 Doty Ave
- Year built
- 1981
- Lot size
- 2.08 lot acres
- Property size
- 11,100 SF
- Property type
- Retail space
- APN
- 25-22-401-031
- APU
- 2522401031
Description
This exceptional 24,400-square-foot industrial facility in Chicago, IL, is offered at $850,000. Situated on a 1.3-acre lot, this property boasts a prime location with frontage road access to I-94 and convenient access to major expressways including I-90, I-80, I-57, and I-294. The building, constructed in 1974, is divided into four 6,100-square-foot units, each fully sprinklered with 14-foot deep interior dimensions. The building features a 15-foot ceiling height and is zoned M3-3. The asking price is $34.84 per square foot, or $212,500 per unit. A neighboring 20,000-square-foot property (12054 S Doty Ave) is also available for purchase, offering potential for expansion to approximately 44,000 square feet on over 3 acres. This presents a unique opportunity to acquire a substantial industrial property in a highly desirable location with excellent transportation links. The Cook County property has APN 25-22-401-028-0000 and a 60628 zip code.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $450,000
- 6.5%
- $475,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $525,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $440,000
- Mixed-Use
- $375,000
- Hospitality
- $395,000
- Educational
- $425,000
- Residential Income
- $495,000
- Energy
- $400,000
- Income-Based Land
- $475,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6026
- Latitude
- 41.6752
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
