Property profile

6111 South Sayre Ave Chicago, IL 60638

FOR SALE
Flex space
Property ID
US28-Q001387
Built 1977
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Property summary

AI-generated overview

This well-kept stand-alone building is just minutes from Chicago's Central Business District. Ideal for an owner-user, it has high ceilings, good loading, heavy floor load, wide bays, and is easily divisible for sub-leasing. Zoned PMD-12, it also has fenced outside storage at the north end of the property with an oversized drive-in door. The office, approximately 3,000 SF, is easily divisible. Ownership would consider a short-term sale-leaseback of a small portion of the building. New driveway two years ago New roof 4 years ago with 16 years remaining on warranty Power is 1200 amps 3-phase Abundant fenced parking and outside storage at the north end of the property Dust collection system at the south end of the property

Property profile

Verified
Property type Flex space
Year built 1977
UPID US28-Q001387

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Big Box & Wholesale Store
  • Equipment Importer
  • (Bike/Boat/Book/etc) Store Home Decor Store

Location

6111 South Sayre Ave Chicago, IL 60638
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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