This Industrial Property is no longer advertised on LoopNet.com.

4850 W Bloomingdale Ave
Chicago, IL 60639

Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Industrial/warehouse/distribution totaling 160,000 SF - can be divided into 2 buildings and sold separately
  • Ceiling heights from 10' to 18' clear
  • Ample loading: 3 docks and 5 DIDs (additional docs and DID can be added)
  • 24% occupied with high NOI at 4.88% cap rate with potential to go up to 21% cap rate if 88% occupied
  • Heavy power - 1,200-2,400A/240V/3P
  • Private parking across the street - land can be purchased at additional price of $400,000

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 3.69 AC
Rentable Building Area 160,000 SF
No. Stories 2
Year Built/Renovated 1970/2019
Parking Ratio 0.32/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 7
No. Drive In / Grade-Level Doors 1

AMENITIES

  • 24 Hour Access
  • Storage Space

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

ZONING

Zoning Code M1-2 (M1-2 Zoning, Light Manufacturing Zone 25,000 parking or material storage)
  • Listing ID: 28678371

  • Date on Market: 6/6/2023

  • Last Updated:

  • Address: 4850 W Bloomingdale Ave, Chicago, IL 60639