1820 N Major Ave - Distribution FOR SALE


Chicago, IL 60639- Austin
$1,150,000 USD
630-488-8697
1820 N Major Ave, Chicago, IL for Sale
$1,150,000 USD
Distribution - FOR SALE
1/9
null | Request Cap Rate

1820 N Major Ave
Chicago, IL 60639
Austin


HIGHLIGHTS

  • LOCATION: Direct Access to Class II Truck Route: IL 64 | North Ave 20 min to O’Hare & Midway 5 min to Commuter Rail
  • CAPITAL IMPROVEMENTS: Office Build Out & Roof Maintenance
  • DESIGNATED EMPLOYEE PARKING
  • TIF: Galewood/Armitage Industrial
  • FULLY HEATED WAREHOUSE, v FULLY HEATED & AC OFFICE
  • OUTDOOR STORAGE

OVERVIEW

As Exclusive Listing Broker, Cawley Commercial Real Estate Company is pleased to present an opportunity to acquire and invest at 1820 N. Major Ave., situated in Chicago’s Austin / Galewood Industrial Park. Situated near key class II truck routes: W. North Ave. & N. Cicero Ave., this property spans a 50,869.92 Sq. Ft. land site. The building footprint totals 28,261 Sq. Ft. Zoned for manufacturing (M1-2) as-of-right, 1820 N. Major Ave. offers a diverse range of possibilities for potential end users. The property is divided into several distinct sections. Past operations consisted of manufacturing, printing, storage, and screening. The northeast portion of the building consists of high-bay warehouse storage with clear heights up to 19’ 4”. The interior recessed loading dock is located on the southeast corner of the building, with direct access to from N. Major Ave. There is an overhead drive-in-door on the north wall, used for light loading. The site contains designated employee parking and/or outdoor storage - west of the building. With its efficient building footprint and clear heights, designated employee parking/outdoor storage, and prime location in the Galewood / Austin Industrial Park - equidistant to the downtown market and suburban market, 1820 N. Major Ave. presents a compelling opportunity for owner/users or investors.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$39 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

undefined, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

UTILITIES

-

CLEAR CEILING HT

19.333333333333332 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17

LAND SF

50,870

ZONING

M1-2

APN/PARCEL ID

13-32-400-011-0000

ASK ABOUT THIS PROPERTY

Brayden SchiffCawley Commercial Real EstateMore Info
630-488-8697

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Brayden SchiffCawley Commercial Real EstateMore Info
630-488-8697

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