Property profile

548 N Sacramento Blvd Chicago, IL 60612

FOR SALE
Industrial properties
Property ID
US28-1366922
46,900 SF 0.16 ac lot Built 1949
Entity Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1949
Total area 46,900 SF
Lot 0.16 ac (7,090 SF)
APN 16-12-108-024
UPID US28-1366922

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
  • Film Production Television Studio
  • Film Production Television Studio
  • Film Production Television Studio

Location

548 N Sacramento Blvd Chicago, IL 60612
Chicago metro Census 836700 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.75M

Owner & transaction history

since 2016
3 recorded transactions
2018
Price N/A
2017
Price N/A
2016
$1.7M

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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