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    Property profile & analytics

    1 Chicago Ave Elizabeth, PA 15037

    • Warehouses
    • 2.33 lot acres
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    $580,000
    Location Intelligence
    Property ID
    US73-1160060
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • NILCO - Pittsburgh / Lumber Store / Distribution Service

    Property Details for 1 Chicago Ave

    Lot size
    2.33 lot acres
    Property type
    Warehouses
    APN
    1001-N-188
    APU
    1001N188

    Description

    This exceptional 52,000-square-foot warehouse in Elizabeth, Pennsylvania, presents a significant opportunity for industrial businesses. Located at 1 Chicago Ave, this single-tenant property sits on a substantial 2.327-acre lot, offering ample space for operations and storage. The building boasts four convenient drive-in doors, facilitating efficient loading and unloading. Three-phase power is readily available, catering to the needs of various industrial applications. The property's M-1 Light Industrial zoning allows for a wide range of uses, including light manufacturing, distribution, and logistics. Its strategic location provides easy access to major transportation arteries, being less than one mile from Route 51 and three miles from Route 43, ensuring seamless transportation and logistics. The expansive lot size also allows for a secure laydown yard, adding to the property's versatility and operational efficiency. This warehouse is ready for immediate occupancy, offering a blank canvas for your business to thrive in Allegheny County. The property is zoned for M-1 Light Industrial use. This is a rare opportunity to secure a large, well-located industrial space in a thriving area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.8813
    Latitude
    40.2784
    CBSA code
    38300
    CBSA name
    PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $25,039
    $116,400
    $588,800
    $705,200
    -
    $116,400
    $588,800
    $705,200

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      168 Cemetery St

      WAREHOUSE, STORAGE • 0.17 Acres
      168 Cemetery St, Elizabeth, PA 15037-1502
      View Details
    • Value Estimation
      $285,000
      1.42 Acres

      99 Enterprise St

      MINI-WAREHOUSE, STORAGE • 1.42 Acres
      99 Enterprise St, Elizabeth, PA 15037-2097
      View Details
    • Value Estimation by Request
      0.08 Acres

      160 Ctr Ave

      WAREHOUSE, STORAGE • 0.08 Acres
      160 Ctr Ave, Elizabeth, PA 15037-1202
      View Details
    • Value Estimation
      $495,000
      2.33 Acres

      1 Chicago Ave

      WAREHOUSE, STORAGE • 2.33 Acres
      1 Chicago Ave, Elizabeth, PA 15037-1766
      View Details
    • Value Estimation
      $270,000
      0.60 Acres

      8267 Mentor Rd

      WAREHOUSE, STORAGE • 0.60 Acres
      8267 Mentor Rd, Elizabeth, PA 15037
      View Details
    • Value Estimation
      $295,000
      4.70 Acres

      310 Scenery Dr

      MINI-WAREHOUSE, STORAGE • 4.70 Acres
      310 Scenery Dr, Elizabeth, PA 15037-2051
      View Details

    Similar Nearby for Sale

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      9,982 SF

      Elizabeth Retail Plaza For Sale

      9,982 SF retail plaza with development potential.
      605 Scenery Dr, Elizabeth, PA 15037
      View Details
    • $229,000

      Downtown Elizabeth Mixed-Use Building

      Versatile building in downtown Elizabeth with endless potential.
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    1 Chicago Ave
    Elizabeth, PA 15037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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