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$ 1,700,000
Est. payment | /mo
27,229 SqFt
$ 1,700,000
Est. payment | /mo
27,229 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 27,229 sqft
Price per Sqft $62
MLS Listing ID 12086512
Year Built 1914
Annual Tax Amount $58,330
Tax Year 2022
Lot Dimensions 298X256X148X136X151X120
Property Description
Price Reduced! This listing consists of several warehouse/distribution buildings strategically located on the south side of the Eisenhower (#290) Expressway between Independence Ave and Central Park Ave. Conveniently located just 5.5 miles to the center of Downtown Chicago, 18 miles to O'Hare Airport, 7.5 miles to Midway Airport, and just 4 miles from the Ogden Gate at the BNSF Railway - Cicero Intermodal Facility (Cicero Yard). This offering consists of 11 separate spaces in 7 different buildings (A-G in the aerial photos). There are also 2 vacant lots (Lots #1 and #13 in the aerial photos). Parcel #1 was previously held off the market, and the prior price reflected this. Parcel #1 is now back on the market along with Parcels #2 and #3. Parcel #1 is made up of two vacant lots measuring 56.46' x 121.6', for a total of 6,848 s.f. The frontage on W. Harrison St. is 56.46 linear feet. The list price for Parcel #1 is $400,000. Parcel #2 is made up of 2 buildings; these are bldgs C and D in the aerial photos, with total interior space of approx. 3,632 s.f. These bldgs have a total of six overhead doors. The land these bldgs sit on is 11,448 s.f., and has approx. 94.5 linear feet of frontage on W. Harrison St. There was previously an unused billboard on this land which was owned by Clear Channel. The billboard has been removed, so there are no longer any issues regarding easements or air rights. The list price for Parcel #2 is $400,000. Parcel #3 is made up of five bldgs (A,B,E,F, and G in the aerial photos). There are nine separate spaces in these five bldgs, with a total area of 23,597 s.f. There are large overhead doors servicing these bldgs, and they sit on land totaling 37,823 s.f. All of the bldgs in Parcel #3 will need varying degrees of repairs, with Bldg A in particular need of extensive repair in order to bring it back to a usable condition. The list price for Parcel #3 is $900,000. These properties can be purchased individually (Parcel #1, #2, OR #3), or altogether as one package for $1,700,000.
Location
State IL
County Cook
Area Chi - East Garfield Park
Interior
Cooling None
Fireplace N
Building
Dwelling Type Industrial
Level or Stories 2
Structure Type Brick,Steel Siding
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by David McLennan • Pearson Realty Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "