$5,750,000

4850 W Bloomingdale Avenue, Chicago, IL 60639

  • 160,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon3.69acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $36/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

FOR SALE. Located just 1 block from the Grand/Cicero Metra station, this 160,000 square foot industrial property spans 3.69 acres in the desirable Jefferson Park area. The site includes a dedicated 25,000 square foot on-site parking lot and sits within a TIF District and Enterprise Zone, offering additional development incentives. The building features 120,000 square feet on the first floor (with soaring 18-foot ceiling), and 40,000 square feet on the second floor (with ceilings ranging from 14 to 16 feet). Constructed from rare brick and timber, the property provides a flexible, demisable layout with unique architectural elements such as skylights and high ceilings in select spaces-ideal for a variety of creative or industrial uses. It is currently outfitted with 6 drive-in doors and 5 loading docks, with the possibility to add more. The facility is fully sprinklered and powered to support heavy industrial operations. 76% Occupied with 15 Tenants. Building has been undergoing renovations to increase occupancy levels. 46,000 SF of vacancy to increase NOI. Nearby national retailers like Home Depot and Chase Bank, as well as restaurants and quick access to I-90. With approximately 46,000 square feet of vacant space, the property presents a strong value-add opportunity for investors or an ideal setup for owner-users looking to customize and grow.

Listing Status:
Active
Listing Office:
Strauss Realty Ltd : 773-736-3600
Listing Agent:
Adam Schneiderman : 773-736-3600
MLS ID:
12347317
  • A/C: None

This listing courtesy of Adam Schneiderman, Strauss Realty Ltd

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lloyd Elementary School

2103 N Lamon Ave, Chicago, IL, 60639

Grades KG-5

0.37 miles away

L

Lewis Elementary School

1431 N Leamington Ave, Chicago, IL, 60651

Grades PK-8

0.56 miles away

N

Noble St Charter-Itw Speer Academy

5321 W Grand Ave, Chicago, IL, 60639

Grades 9-12

0.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.