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610 W 81st St

30,000 SF Industrial Building Chicago, IL 60620 For Sale

Investment Highlights

  • close access and proximity to I-94
  • rare site located in City of Chicago limits
  • heavy power
  • gated yard for ample truck and overflow parking -- non-adjacent trailer and container storage land included
  • covered external loading docks

Executive Summary

Sales price SUBJECT TO OFFER. Multiple building additions and outbuildings total 30,000 SF - includes to land parcels totaling 2.10 acres.
Please do not visit the property unannounced. Tours will begin in late January/February 2025.
The current tenant is moving-out and the building should be ready for occupancy by the end of March 2025.
Ideal building for a contractor or niche manufacturer. Includes outdoor storage. Pocket industrial location with nearby residential and retail.

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes $39,900 $1.33
Operating Expenses $15,000 $0.50

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual $39,900
Annual Per SF $1.33
Operating Expenses
Annual $15,000
Annual Per SF $0.50
Total Expenses
Annual $54,900
Annual Per SF $1.83

Property Facts

Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 2.10 AC
Rentable Building Area 30,000 SF
No. Stories 1
Year Built 1950
Tenancy Single
Clear Ceiling Height 12 FT
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 10

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-33-110-035-0000
Land Assessment
$67,680
Improvements Assessment
$32,352
Total Assessment
$100,032
Annual Taxes
$39,900 ($1.33/SF)
Tax Year
2024 Payable 2025

zoning

Zoning Code M1-2 Manufacturing (City of Chicago Zoning)
M1-2 Manufacturing (City of Chicago Zoning)
  • Listing ID: 34308646

  • Date on Market: 12/28/2024

  • Last Updated:

  • Address: 610 W 81st St, Chicago, IL 60620

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