Luster Products Stockyards Facility
Industrial | 197,400 SqFt
Marketing description
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1104 West 43rd Street in Chicago, Illinois, currently occupied by the owner, Luster Products, Inc. Built in 1990 by the owner, the subject property consists of approximately 197,400 square feet of specialized manufacturing space and is situated on 10.68 acres of land. The single-tenant asset features a clear height of 30’, 12 dock-high doors, two grade-level doors, and a new TPO roof installed in 2022. Situated on the same block as the stone entrance to the historical Union Stock Yards, the property has excellent proximity to major thoroughfares with Interstates 90/94 and 55 sitting two miles away.
Investment highlights
197,400-SQUARE-FOOT MANUFACTURING FACILITY ON 10.68 ACRES SITUATED IN CHICAGO’S HISTORICAL STOCK YARDS
FEATURES 30’ CLEAR HEIGHT, 12 DOCK DOORS, TWO GRADE DOORS, NEW ROOF, AND PROXIMITY TO I-55/I-90/I-94
OWNER-OCCUPIED BY HAIR CARE PRODUCER LUSTER PRODUCTS, INC. WITH PLANS TO VACATE UPON CLOSING
RARE OPPORTUNITY TO ACQUIRE EXTREME INFILL LOCATION WITH SPECIALIZED EQUIPMENT FOR ADAPTIVE USES
MASSIVE SUBMARKET WITH FIXED SUPPLY HIGHLIGHTED BY 2.5% VACANCY RATE AMONG COMPARABLE BUILDINGS
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