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Property profile & analytics
FOR SALE
Industrial properties

3659 W Harrison St Chicago, IL 60624

29,900 SF 0.84 ac lot Built 1914
Entity Owned 26-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-0268191
Property summary
AI-generated overview

This exceptional Chicago industrial property offers a unique investment opportunity. Located on the south side of the Eisenhower Expressway, this portfolio comprises seven buildings totaling 27,229 square feet of net rentable space across eleven separate units. The property features eleven loading docks and boasts 20-foot ceiling heights, ideal for various distribution and warehousing needs. The site encompasses a substantial 56,118 square foot lot, including two vacant lots. The buildings are zoned I and offer convenient access to major transportation arteries, including the Eisenhower Expressway, O'Hare International Airport (18 miles), Midway International Airport (7.5 miles), and the BNSF Railway Cicero Intermodal Facility (4 miles). While some buildings require varying degrees of repair, this presents a chance to add value through renovations. The property is offered as a whole for $1,900,000, or individual parcels can be purchased separately. Parcel #1 (two vacant lots totaling 6,848 sq ft) is listed at $300,000. Parcel #2 (two buildings, 3,632 sq ft, six overhead doors) is listed at $300,000. Parcel #3 (five buildings, 23,597 sq ft, nine spaces, requiring varying degrees of repair) is listed at $1,300,000. This presents a compelling opportunity for owner-users or investors seeking a strategic location and significant potential. The property previously included a billboard, which has since been removed, eliminating any easement or air rights concerns.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1914
Total area 29,900 SF
Lot 0.84 ac (36,632 SF)
APN 16-14-304-041
UPID US28-0268191
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$1.50M
Owner & transaction history
Elgin Dairy Foods INC · 26 yrs held
Elgin Dairy Foods INC
since 1999
1 recorded transaction
1999
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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