548 N Sacramento Blvd Chicago, IL 60612
This exceptional 51,312-square-foot property, located at 548 N. Sacramento Blvd in Chicago, IL 60612, presents a unique investment opportunity. Situated in the desirable Kinzie Industrial Corridor, this building benefits from its location within TIF, Enterprise, and Empowerment Zones. Originally constructed in 1946 and extensively renovated in 2017, the property offers a blend of modern amenities and industrial character. The building features a 14-foot clear ceiling height, ideal for various uses. Loading and unloading are facilitated by two exterior loading docks and five dock-high doors. The majority of the space is equipped with HVAC, ensuring year-round comfort. A striking feature is the rooftop, providing stunning views of the Chicago skyline. The warehouse incorporates partial barrel-truss construction, adding to its unique aesthetic. The property is zoned M1-2 and boasts ample power. Wet sprinklers are installed throughout. The 2023 property taxes totaled $167,362.75. Conveniently located just 10 minutes from downtown Chicago, with easy access to I-94 and I-290, this property is a must-see. Note that portions of the building are currently leased. This versatile space is suitable for distribution, creative office, flex, and warehouse uses. The property is located in Ward 27, Alderman Walter Burnett.
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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.