Listed by First In Realty, Inc
$850,000
12000 S. Doty Ave.
Details
APN 25224010280000
Property Type Industrial, Office
Sub Type Warehouse, Traditional Office
Square Footage 24,400
Net Rentable (SqFt) 24,400
Units 1
NOI $900
Price per SqFt $35
Year Built 1974
Buildings 1
Acreage 1.300
Zoning M3-3
Ceiling Height 15'
24,000 SF Industrial building built into 4 6,000 units
Marketing description
24,400 SF industrial facility on a 1.3-acre lot available for sale. The property is situated off of a frontage road to I-94, with easy access to the Chicago expressway network, including I-90, I-94, I-80, I-57, and I-294. The facility is currently divided into four approximately 6100 SF units - all fully sprinklered with 14' DIDs. Moreover, the neighboring property, 12054 S Doty, a former gentlemen's nightclub that can easily be converted to industrial, with an approximate size of 20,000 SF is also available for purchase. This property can be converted to a myriad of uses on an over 2-acre site. Combining these two properties offers a total of approximately 44,000 SF and over 3 acres. Please see MLS #11945762 for more information on 12054 S Doty.
Investment highlights
24,400 SF industrial facility on a 1.3-acre lot available for lease. The property is situated of frontage road to I-94, with easy access to the Chicago expressway network, including I-90, I-94, I-80, I-57, and I-294. The facility is currently divided into four approximately 6100 SF units - all fully sprinklered with 14' DIDs. Moreover, the neighboring property, 12054 S Doty, a former gentlemen's nightclub that can easily be converted to industrial, with an approximate size of 20,000 SF is also available for purchase. This property can be converted to a myriad of uses on over a 2-acre site. Combining these two properties offers a total of approximately 44,000 SF and over 3 acres.
Listing Contacts
Listed by First In Realty, Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$900.00
$75.00/mo
Valuation Metrics
0
DSCR
0.11%
Cap Rate
0.11%
ROI
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