12054 S Doty Ave - Warehouse FOR SALE


Chicago, IL 60628- Far South Chicago
$2,750,000 USD
773-297-7718
12054 S Doty Ave, Chicago, IL for Sale
$2,750,000 USD
Warehouse - FOR SALE
1/45
null | Request Cap Rate

12054 S Doty Ave
Chicago, IL 60628
Far South Chicago


HIGHLIGHTS

  • 1204 S Doty Avenue is a 20,000-square-foot expansive mixed-use/ entertainment facility with excellent exposure.
  • The building is equipped with 3-phase power;1200 Amps.
  • Mechanicals feature 11 RTU's (10 20-ton units and one 15-ton unit) offering temperature control and upgraded electric.
  • There is highly visible signage from Interstate 94/ the Bishop Ford Expressway.

OVERVIEW

12054 S Doty Avenue is a 20,000-square-foot industrial facility offering significant infrastructure improvements conducive to a myriad of uses: adult entertainment/gentlemen's club, nightclub, banquet or large event facility, warehousing, industrial, distribution, cannabis, grow facility, flex, and so much more. After a complete renovation in 2009 to a gentlemen's club, this building has been incredibly designed and maintained with a modern build-out and upgraded mechanicals. The building can be easily converted back to industrial, warehouse, flex, light manufacturing, or any other type of use. Current build-out includes three loading docks, a full kitchen, a walk-in cooler, a walk-in freezer, eight restroom facilities, showers, a courtyard, a locker room, and more. The entertainment side of the house includes four stages, two bars, eight VIP rooms, private entrances, a DJ booth, a reception, and a coat check room. Mechanicals feature eleven RTU (10 20-ton units and one 15-ton unit) offering temperature control, upgraded electric with 1200 amps and 3-phase power, 18-foot ceilings, fully sprinklered, and a new roof in 2009. Annual maintenance reports are available upon request—tons of value in the infrastructure alone. Security includes a security system, retractable gates, and a secure fenced site with exterior monitoring systems. Located in a TIF District, this 2-plus-acre site with 131 parking stalls offers excellent visibility from I-94 with over 160,000 VPD and pylon signage. Combine this property with an adjacent 24,000-square-foot industrial facility on 1.3 acres. Loads of potential, incredible value with infrastructure improvements, excellent visibility, and easy access to Interstate 94 make this a must-see property.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Gentlemen's Club - The Factory

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Bar, Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

Gas - Natural, Water - City, Sewer - City

CLEAR CEILING HT

18 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

131

LAND DETAILS

LAND ACRES

4.08

LAND SF

177,724

ZONING

C2-2

APN/PARCEL ID

25-22-401-031-0000

ASK ABOUT THIS PROPERTY

Mark MielnickiFirst In Realty, IncMore Info
773-297-7718

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Mark MielnickiFirst In Realty, IncMore Info
773-297-7718

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.