3659 W Harrison St Chicago, IL 60624
For Sale
1 / 4
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.