Listed by Matthews
$2,800,000
MULTI-TENANT INVESTMENT OPPORTUNITY
Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 45,500
Tenancy Multi
Lease Type NNN
Lease Expiration 06/30/2026
Price per SqFt $62
Year Built 1946
Acreage 1.340
Zoning M1-1
Parking Spaces 37 spaces
Parking Per SqFt 0.81
Lease Commencement 07/01/2017
Ceiling Height 12-18'
Stabilized Multi-Tenant Industrial Asset in Chicago with Long-Term Anchor Lease
Investment highlights
ATTRACTIVE PRICE POINT – Offered at $2,800,000 (just over $61/SF), providing exceptional value for a stabilized, multi-tenant industrial asset in Chicago.
LONG-TERM COMMITMENT FROM ANCHOR TENANT – Sunshine Supply to execute a sale-leaseback, offering negotiable terms and stable cash flow.
SUPPLEMENTAL INCOME FROM EXISTING LEASE – Beauty Sleep LLC occupies ±12,000 SF under a NNN lease through June 2026, paying $5,000 per month.
PRIME LOCATION FOR DISTRIBUTION – Situated just minutes from Midway International Airport and I-55, offering superior access to Chicago’s logistics network.
STRATEGIC INDUSTRIAL CORRIDOR – Highly desirable location ensures strong tenant retention and long-term demand.
Listing Contacts
Listed by Matthews
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