601 W 81st Street | 601 W 81st St
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601 W 81st Street 601 W 81st St
46,000 SF Industrial Building Chicago, IL 60620 $750,000 ($16/SF)
Investment Highlights
- Centrally located with access to multiple major transportation routes
- Neighboring Green Era Campus is revitalizing a 9-acre area, transforming it into a renewable energy hub
- Freight elevator, Sprinkler System, Office Space (Approx 2,000 sqft) with 1 DID, and 2 TL docks
Executive Summary
46,000 SQFT Warehouse with 18' ceilings has tons of potential! Freight elevator, Sprinkler System, Office Space (Approx 2,000 sqft) with 1 DID, and 2 TL docks. Warehouse 1200 Amps 120-240V. Main Building 1600 Amps 480V. This property is situated in a strategic location, offering easy access to highways and public transportation options including the Metra. Truck routes to Midway and O'Hare International Airports, the Port of Chicago, and the regional freight network. M1-2 zoning lends itself to a wide variety of warehouse uses including light manufacturing, distribution, E-commerce fulfillment center, Logistics and transportation operations and more! Neighboring Green Era Campus is revitalizing a 9-acre area, transforming it into a renewable energy hub and green space that supports economic empowerment, clean energy, fresh produce, and a thriving community.
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$40,028
|
$0.87
|
| Operating Expenses |
$106,728
|
$2.32
|
| Total Expenses |
$146,756
|
$3.19
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $40,028 |
| Annual Per SF | $0.87 |
| Operating Expenses | |
|---|---|
| Annual | $106,728 |
| Annual Per SF | $2.32 |
| Total Expenses | |
|---|---|
| Annual | $146,756 |
| Annual Per SF | $3.19 |
Property Facts
Amenities
- 24 Hour Access
- Yard
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 20-33-119-023-0000 | Total Assessment | $334,415 (2024) |
| Land Assessment | $50,786 (2024) | Annual Taxes | $40,028 ($0.87/SF) |
| Improvements Assessment | $283,629 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
20-33-119-023-0000
Land Assessment
$50,786 (2024)
Improvements Assessment
$283,629 (2024)
Total Assessment
$334,415 (2024)
Annual Taxes
$40,028 ($0.87/SF)
Tax Year
2023
zoning
| Zoning Code | M1-2 (M1-2 zoning lends itself to a wide variety of warehouse uses including light manufacturing, distribution, E-commerce fulfillment center, & Logistics) |
| M1-2 (M1-2 zoning lends itself to a wide variety of warehouse uses including light manufacturing, distribution, E-commerce fulfillment center, & Logistics) |
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601 W 81st Street | 601 W 81st St
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