3065 N Rockwell St - Warehouse FOR SALE


Chicago, IL 60618- Avondale
$10,500,000 USD
773-736-3600
3065 N Rockwell St, Chicago, IL for Sale
$10,500,000 USD
Warehouse - FOR SALE
1/32
null | 5.69% Cap Rate

NEW


3065 N Rockwell St
Chicago, IL 60618
Avondale


HIGHLIGHTS

  • 63,000 SF total buildings on 2.28 acres lot with 100 standard parking spaces
  • Riverfront property with 250' of frontage along the river in prime Avondale location!
  • Masonry construction industrial/flex property with a 4-story building and 1-story building
  • 6 loading docks, 3 drive-in doors with 17' clear height, 1 freight elevator (6,000 lbs capacity).
  • Located within the Chicago River Corridor Development plan, TIF District and Enterprise Zone
  • Value-add/re-development potential along the Chicago River

OVERVIEW

Amazing adaptive reuse opportunity on the Chicago River between Roscoe Village and Avondale. 250' of frontage along the river, and 230' of frontage on Rockwell Street. 63,000 SF of total buildings on 2.28 acres. 6 loading docks, 3 drive-in doors, 100 parking spaces, 17' clear height, 1 freight elevator (6,000 lbs capacity). 4,750 SF of vacancy. Tenants range from small to mid size businesses. Termination clauses in leases. Zoned for Cannabis businesses. Located next to Metropolis Coffee Company, nearby Guild Row and Tesla. TIF District and Enterprise Zone. Property included within the Chicago River Corridor Development Plan. NOI: approx. $597,000 as of 4/1/25. Insurance approx. $37,000. Taxes approx. $148,832. Property renovated in recent years, paving done in 2022, new LED lighting installed, new dock doors. North and West exterior walls were tuckpointed, sandblasted and sealed. New roof in 2021 on the 1-story building structure.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

5.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

3065 N Rockwell Street

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1940

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

13

DRIVE INS

3

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.28

LAND SF

99,317

ZONING

M2-3

APN/PARCEL ID

13-25-213-023-0000

ASK ABOUT THIS PROPERTY

Adam Schneiderman, SIORStrauss RealtyMore Info
773-736-3600

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Adam Schneiderman, SIORStrauss RealtyMore Info
773-736-3600

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