$23.24 Per Sq Foot $5,341 est/mo Sourced by Back At You

1335 W 47th Street,Chicago, IL 60609

Chicago IL, 60609

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Description

The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this industrial/warehouse building opportunity. The subject property is located at 1335 West 47th Str., Chicago, IL 60609 (the "Property"). This is an urban industrial building located in Chicago's South Side dense "Back of the Yards" neighborhood. It features a three-story masonry-constructed building, 42,823 SF GLA including basement, and 14,474 SF or 0.33 AC site, a 10-foot clear ceiling, a flat-rubber roof, fixed insulated glass windows in aluminum frames and glass block, loading dock with two bays and masonry construction throughout all three floors and basement, and a single common freight elevator that feeds all four levels of the building. The subject property is zoned C3-3 (Commercial, Manufacturing, and Employment district). The building's first floor includes a small 600 SF office buildout. The remainder of the first floor has a relatively higher-end finish and is considered to be in good condition for industrial property. The basement unit is connected to all other floors via the common freight elevator and would have the same finish and utility to a typical occupant as the second and third floors. The basement, second, and third floors are in more or less average condition for this type of industrial property and are currently under-utilized as additional storage space for ownership. Easy access to I-90/I-94 and I-55 expressways, public transportation, the Loop, and Midway International Airport. The subject property is situated in a mixed commercial and residential city setting. Excellent opportunity for a user, investor, or developer.

Details

MLS#11937303
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1921
Days On Site132
Listing Provided ByBaird & Warner | Wesley Jonberg

Features

SQ Feet42,823
Story(s)3
ZoningINDUS
Acreage0.33

Market Activity 60609

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Listings Checked: 3 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60609
AreaCHI - New City
Listing VS Median (in 60609)
Price:
$995,000
low | high
Med:
$317,500
100% of Average
SqFt:
42,823
low | high
Med:
2,041
100% of Average
$ / SqFt:
$23
low | high
Med:
$160
100% of Average
On Site:
132
low | high
Med:
50.500000
100% of Average
Sourced by Back At You
Listing Updated: May 1, 2024 at 7:06:42 PM PDT