Technical
Financial
Distress signals
Property profile

324 Leavitt St Chicago, IL 60612

OFF-MARKET
Commercial real estate
Property ID
US28-0643853
0.09 ac lot Built 1985
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,150-square-foot warehouse space is available for lease in Chicago's vibrant industrial sector. Located at 324 N. Leavitt #300, this single-tenant property offers ample space for various distribution and warehousing needs. The building's zoning is PMD-4A, ensuring flexibility for a range of industrial uses within Cook County. The property boasts a total of three parking spaces, providing convenient access for employees and deliveries. The entire 4,150 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for businesses seeking a well-located, functional warehouse in a prime Chicago location. The address is 324 N. Leavitt #300, Chicago, IL 60612. Its convenient location within Cook County offers easy access to major transportation routes, streamlining logistics and distribution operations. The property is classified as industrial, specifically a warehouse and distribution center, making it ideal for companies requiring storage and shipping capabilities. This single-tenant occupancy ensures privacy and control over the entire space. Interested parties are encouraged to inquire further to explore the possibilities this exceptional warehouse offers.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Lot 0.09 ac (3,735 SF)
APN 17-07-303-030
UPID US28-0643853

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
  • Take-out & Catering Catering Service
  • Restaurant
  • Food Processing Plant
  • Take-out & Catering Catering Service
  • Bakery Specialty Food Shop

Location

324 Leavitt St Chicago, IL 60612-1670
Chicago metro Census 837800 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2004
6 recorded transactions
2022
Price N/A
2008
Price N/A
2004
$2.2M
1999
$675,000
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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