Property profile

6655 Kitty Ave Chicago Ridge, IL 60415

OFF-MARKET
Other industrial properties
Property ID
US28-1735023
2.75 ac lot Built 1991
Trust Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Industrial facility in Chicago Ridge, Illinois (Cook County) with approximately 22,200 square feet under roof on a 2.5-acre lot featuring a fenced yard and dedicated outdoor storage areas. The metal-roof building has a shop/manufacturing area of approximately 40' x 350' with two 5-ton overhead cranes (handheld floor pendant controls), two 2-ton wall-mounted jib cranes, and approximately 16' clear height under hook; lighting throughout the shop supports industrial operations. Electrical service is provided by a 600-amp, 240-volt, 3-phase system. A truck garage/work area measures approximately 55' x 70'. Employee and support space includes a second-floor locker room and washroom area with a repair shop, plus approximately 3,200 square feet of fully heated and air-conditioned offices with about 1,600 square feet on both the first and second floors. The site includes approximately 22 paved parking spaces in a dedicated office lot and is located about one mile from Interstate 294 with access to both northbound and southbound entrances and exits.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1991
Lot 2.75 ac (119,790 SF)
APN 24-07-409-001
UPID US28-1735023

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
  • Shipping Company Freight Service
  • Factory Production Facility

Location

6655 Kitty Ave Chicago Ridge, IL 60415-1286
Chicago Ridge metro Census 823001 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

1 recorded transaction
1969
Price N/A

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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