Property profile

2950 Western Ave Chicago, IL 60618

OFF-MARKET
Warehouses
Property ID
US28-1704619
171,800 SF 5.09 ac lot Built 1957
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property at 2950 N. Western Ave in Chicago, IL, offers a diverse range of flexible spaces ideal for manufacturing and warehousing operations. Located in Cook County, this property boasts a total of 143,148 square feet, with 46,744 square feet currently vacant and available for lease. Multiple tenancy options are available, ranging from a minimum of 1,455 square feet to a maximum contiguous space of 23,524 square feet, catering to businesses of various sizes. The building features impressive 12'9" clear ceiling heights (22'10" to deck), providing ample vertical space for storage and operations. Efficient loading and unloading are facilitated by nine dock-high doors and four drive-in doors. Ample parking is provided with 132 spaces available on-site. The property is zoned M2-3, and its location in Chicago, IL, zip code 60618, offers excellent access to transportation networks and a robust workforce. This is a prime opportunity to secure high-quality industrial space in a strategic location. Contact us today to learn more about leasing options and explore the possibilities for your business.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1957
Total area 171,800 SF
Lot 5.09 ac (221,720 SF)
APN 13-25-222-010
UPID US28-1704619

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Roofing Company General Contractor

Location

2950 Western Ave Chicago, IL 60618-8021
Chicago metro Census 210900 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$850k

Owner & transaction history

since 2023
7 recorded transactions
2025
Price N/A
2023
Price N/A
2022
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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