4444 S Kildare Ave - Manufacturing FOR SALE


Chicago, IL 60632- Archer Heights
$300,000 USD
305-206-1286
4444 S Kildare Ave, Chicago, IL for Sale
$300,000 USD
Manufacturing - FOR SALE
1/15
null | Request Cap Rate

4444 S Kildare Ave
Chicago, IL 60632
Archer Heights


HIGHLIGHTS

  • STARTING BID $300,000 | 110K SF Chicago Vacant Industrial | 4.07 AC | AUCTION SEPTEMBER 23-25, 2025
  • Massive Industrial Footprint: ±110,994 SF on ±4.067 acres in Chicago’s dense southwest industrial core below land value pricing
  • Core Infill Location with Immediate Logistics Access: Located just off I-55 (+173K VPD), minutes from Midway Airport and major routes. Prime last-mile
  • Heavy Infrastructure – High-Clear Warehouse with Dock & Drive-In Loading: 9 dock doors, 4 drive-ins, ±36' 4” clear height. Minimal capex required
  • Bonus Land Included – Additional 0.25-Acre Paved Lot Across the Street: Ideal for fleet parking, trailer storage, or future expansion
  • Enterprise Zone & TIF District – Leverage Incentives: Located within a qualified incentive zone — potential for tax credits, grants

OVERVIEW

Marcus & Millichap is pleased to present 4444 S. Kildare Avenue — a rare opportunity to acquire ±110,994 square feet of functional industrial space on ±4.067 acres in the heart of Chicago’s Archer Heights industrial submarket. Offered significantly below replacement cost, this asset represents a true value-add in one of the nation's top-performing logistics markets. The property features 9 loading docks, 4 drive-in doors, and ±36' 4” clear height, making it ideal for a variety of uses including warehousing, distribution, manufacturing, or fleet operations. A ±0.25-acre paved lot across the street is included, offering additional vehicle or trailer storage — a rare amenity in an infill setting. Chicago continues to rank among the nation’s top-performing industrial markets, with over 4 million square feet of positive net absorption in 2024 and sustained demand projected into 2025. As of the third quarter of 2025, Chicago's 12-month absorption rate is 1.4 million square feet. The region’s strategic central location, extensive transportation infrastructure, and access to major population centers make it a preferred hub for logistics, e-commerce, and manufacturing users. What sets Chicago apart in the current cycle is its strength in the small- to mid-bay industrial segment. Facilities under 150,000 square feet show strong investor interest with vacancies for these assets dropping below historical averages. Strategically located just off I-55 with quick access to Midway Airport, the site sits within a TIF District and Enterprise Zone, offering potential tax incentives and development flexibility. With over 2.5 million residents within a 10-mile radius, this offering delivers unmatched access to labor, logistics infrastructure, and urban density.

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$3 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auction - REIT SALE | 110K SF | 4.07 AC

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

UTILITIES

-

CLEAR CEILING HT

36.333333333333336 Ft

DOCKS

9

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.07

LAND SF

177,289

ZONING

PMD-4

APN/PARCEL ID

19-03-400-198-0000,19-03-400-212-0000

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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

Philip KatesMarcus & MillichapMore Info
305-206-1286

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