2501 Washington Blvd Chicago, IL 60612-2127
Property Lookup
Property profile & analytics
2501 Washington Blvd Chicago, IL 60612-2127
- Industrial properties
- 53,900 SF
- 0.48 lot acres
Property ID
US28-2126359
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.
Location Intelligence
Current Use by Public Records
- Cream Wine & Spirits / Brewery & Distillery / Big Box & Wholesale Store
- Channeled Resources Group / Industrial Manufacturer / Production Facility
- Luxe Bloom / Big Box & Wholesale Store
- Family Home Services / Home Health Care Service
- Aviation Learning Experience / Vocational School / Training Center
Property Details for 2501 Washington Blvd
- Year built
- 1917
- Lot size
- 0.48 lot acres
- Property size
- 53,900 SF
- Property type
- Industrial properties
- APN
- 16-12-423-023
- APU
- 1612423023
Description
This exceptional Chicago industrial property, located at 2501 W Washington Blvd, offers a unique blend of historic charm and modern functionality. Built in 1930 and extensively renovated in 2015, this single, five-story building boasts 67,417 square feet of versatile warehouse and flex space. Multiple tenancy options are available, with units ranging from a minimum of 2,000 square feet to a maximum contiguous space of 6,011 square feet. The property features attractive 12-foot ceilings, concrete floors and walls, and abundant natural light thanks to insulated glass windows. Convenient loading docks are present, along with both freight and passenger elevators for efficient material handling and accessibility. Ample parking is provided, with one parking space included per 1,000 square feet leased, with the option to lease additional spaces. The building offers 24-hour access via a fob entry system, enhancing security and convenience. Each unit includes a practical kitchenette equipped with a sink, refrigerator, and dishwasher. The property is zoned M1-1 and has a low tax rate of $2.83 per square foot. This prime location in Chicago's vibrant 60612 zip code offers unparalleled access to transportation and city amenities. Don't miss this opportunity to secure your ideal industrial space in a highly sought-after area. Contact us today to schedule a viewing.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,635,000
- 6.5%
- $5,200,000
- 7%
- $4,830,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $7,005,000 Current use
- RETAIL STORES
- $8,290,000 Change: +18% Conversion: Moderate
- OFFICE BUILDING
- $7,260,000 Change: +4% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $6,455,000 Change: -8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.689
- Latitude
- 41.8827
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
2022
$175,618
$51,880
$799,047
$850,927
-
$207,520
$3,196,188
$3,403,708
