242 N Western Ave - Warehouse FOR SALE


Chicago, IL 60612- Smith Park
$2,199,000 USD
312-867-2261
242 N Western Ave, Chicago, IL for Sale
$2,199,000 USD
Warehouse - FOR SALE
1/19
null | Request Cap Rate

242 N Western Ave
Chicago, IL 60612
Smith Park


HIGHLIGHTS

  • High R-value spray foam insulation thru-out, EV charging station, & parking lot with snow-melt lines in place
  • Full heat and AC thru-out.
  • Zoned PMD4. This property has been superbly maintained and is ready for a variety of business types!
  • Situated in the heart of a dynamic manufacturing hub, the area boasts convenient access to major transportation routes, including interstates and rail
  • Benefits from its proximity to the bustling business community in the West Loop

OVERVIEW

8700SF flex use warehouse/office with luxe second floor workspace! Hi traffic exposure on Western Ave! Main floor features 17ft ceilings with a largelyopen span warehouse, two loading docks (13'6" & 10'6"), large private office, open workstations, kitchenette, storage rooms, and two baths. Second floor features luxe open workspace with polished concrete floors, custom bar and kitchen, a full bath with shower, and large storage room. High R-value spray foam insulation thru-out, EV charging station, & parking lot with snow-melt lines in place. Plenty of power with 480a/3-phase + additional 220amp service. Full heat and AC thru-out. Warehouse is 6400SF. Zoned PMD4. This property has been superbly maintained and is ready for a variety of business types!

FOR SALE DETAILS

PRICE

$2,199,000 USD

PRICE/SF

$314 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

UTILITIES

-

CLEAR CEILING HT

17 Ft

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18

LAND SF

8,000

ZONING

PMD

APN/PARCEL ID

16-12-414-087-0000

ASK ABOUT THIS PROPERTY

Michael HulettJameson Sotheby's InternationalMore Info
312-867-2261

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Michael HulettJameson Sotheby's InternationalMore Info
312-867-2261

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