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615 S California Ave
Chicago, IL 60612
East Garfield Park Warehouse off I-290 · Industrial Property For Sale

Investment Highlights

  • Direct I-290 proximity, minutes to the West Loop, CBD and Medical District
  • Significant appreciation potential
  • M1-2 Zoning

Executive Summary

West Loop Edge Industrial: 27,000 SF in the Corridor Poised for the Next Value Jump. Positioned at the doorstep of Chicago’s fastest-evolving commercial districts, this 27,000 SF warehouse delivers the rare mix of functional industrial utility today and compelling upside tomorrow.? With immediate access to I-290 and minutes to the West Loop, Fulton Market, and the Illinois Medical District, the property sits squarely in the city’s westward expansion pattern—where pricing historically moves next.?
?Buy Ahead of the Curve: Secure a footprint before surrounding momentum fully prices in.?
?Flexible Near-Term Strategy: 15,000 SF available for occupancy or lease-up, with the balance supporting long-term optionality.?
?Industrial Capability + Access: Heavy-duty infrastructure (including a 5-ton crane) paired with strong highway connectivity.?

Property Facts

Sale Type Investment or Owner User
Cap Rate 5.60%
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • General Retail Auto Repair
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.84 AC
Rentable Building Area 27,000 SF
No. Stories 1
Year Built 1931
Parking Ratio 0.37/1,000 SF
Clear Ceiling Height 26’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Zoning M1-2, Chicago - Manufacturing, warehousing and related uses

Amenities

  • Fenced Lot
  • Floor Drains

Utilities

  • Heating - Gas

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 16-13-400-023-0000
  • 16-13-400-010-0000
  • 16-13-400-024-0000
  • 16-13-400-011-0000
Land Assessment
$115,845
Improvements Assessment
$140,827
Total Assessment
$256,672
  • Listing ID: 40391156

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 615 S California Ave, Chicago, IL 60612

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