$2,500,000 USD
224-558-9655
8452-8456 S Lafayette Ave
Chicago, IL 60620
West Chatham
HIGHLIGHTS
- Rare expressway-fronting industrial site in Chatham
- Three drive-in doors and surface parking on 2.5 acres
- Positioned between CTA Red Line and Metra stations
- Billboard generates $12,500 in annual passive income
- Immediate access to Interstate 94 and key city arteries
- Surrounded by retail, schools, and city infrastructure
OVERVIEW
The site is in the Chatham community with frontage on the Dan Ryan Expressway. Industrial opportunities with expressway frontage are rare. With a population of 31,710, the community has a median household income at $33,000. The site is located between the CTA Red Line station and the Gresham Metral Rock Island station, both at 87th Street.
FOR SALE DETAILS
PRICE
$2,500,000 USD
PRICE/SF
$137 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1950
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
3
PARKING SPACES
45
LAND DETAILS
LAND ACRES
2.5
LAND SF
108,900
ZONING
M2-2
APN/PARCEL ID
20-33-409-019-0000,20-33-409-020-0000,20-33-409-021-0000,20-33-409-022-0000
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224-558-9655
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224-558-9655
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