773-963-2637
3220 W Grand Ave
Chicago, IL 60651
Humboldt Park
HIGHLIGHTS
- Long-Term Absolute Net Lease with Zero Landlord Responsibilities
- Mission-Critical Food Manufacturing Facility Including: Exterior Docks, Sprinklers, Floor drains, Water-Chilling Infrastructure, and Dedicated Freezer
- Premier Infill Chicago Industrial Location – Exposure Across Three Signalized Corners
- Excellent Highway & Airport Connectivity – Less than 3 miles from I-90/I-94 and 30 Minutes from O'Hare Airport
- Dense, Affluent Urban Demographics – More than 200,000 Residents and HHI Exceeding $153,000 within 2 Miles
- Irreplaceable Urban Industrial Real Estate – Rare Combination of Food-Grade Infrastructure, M1-2 Zoning, Loading, Parking, and dense infill.
OVERVIEW
Northmarq is pleased to present a unique opportunity to acquire a fee-simple interest in a 45,000-square-foot, mission-critical food production facility located at 3220 W Grand Avenue in Chicago, Illinois. The Property is fully occupied under an absolute net lease with 3.00% annual rental increases, providing investors with passive cash flow and built-in income growth.
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FOR SALE DETAILS
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Food Processing
ADD'L SUBTYPES
Distribution, Manufacturing, Refrigeration/Cold Storage
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
UTILITIES
-
CLEAR CEILING HT
16 Ft
DOCKS
-
DRIVE INS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
1.1
LAND SF
47,916
ZONING
M1-2
APN/PARCEL ID
16-02-430-001-0000,16-02-430-002-0000,16-02-430-003-0000,16-02-430-004-0000,16-02-430-005-0000,16-02-430-006-0000
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773-963-2637
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773-963-2637
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