3705 W Grand Ave Chicago, IL 60651
For Sale
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Property summary
This unique 20,000-square-foot industrial property in Chicago's Humboldt Park (60651) presents a compelling investment opportunity. The two-story, Class B building, constructed in 1956, features a versatile layout ideal for flex, manufacturing, or warehouse uses. The ground floor boasts a 10,000-square-foot warehouse with an 18-foot ceiling height, a bow truss ceiling, one dock-high door, a covered loading area, and 600 amps of power. An additional 5,000 square feet on the ground floor offers unique event space, including a bar, lounge areas, a DJ platform, climbing wall, boxing ring, locker room with sauna and shower, and a pool table area. The second floor comprises 5,000 square feet with bedrooms, kitchen areas, bathrooms, and a separate lounge. The property sits on a 21,780-square-foot lot and is zoned C2-1. Included in the sale is an additional fenced parking lot located behind the main building at 3732 W Division St. (PIN# 16021300370000). The asking price is $3,000,000, translating to $150 per square foot. This multi-tenant property offers significant potential for owner-users seeking a prime location in a high-traffic neighborhood with excellent access to major roadways. The property's diverse features and ample space make it suitable for a variety of commercial ventures. APN: 16-02-130-010-0000, 16-02-130-011-0000, 16-02-130-012-0000, 16-02-130-013-0000, 16-02-130-037-0000.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
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General Contractor
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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