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28214880
28214840

5944 W 65th St, Chicago, IL 60638

MM
IL 477.013137, IL
Chicagoland Brokers, Inc.
Listed by Chicagoland Brokers, Inc.
$3,195,000
176 days on market
Updated 30 days ago

5944 W 65th St, Chicago, IL

Details
APN 19-20-212-025-0000
Property Type Industrial, Land (+1)
Sub Type Flex, Industrial (+1)
Square Footage 11,500
Net Rentable (SqFt) 11,500
Units 1
Cap Rate 7.00%
NOI $225,500
Tenancy Single
Pro-Forma Cap Rate 7.61%
Pro-Forma NOI $243,000
Broker Co-Op Yes
Class A
Year Built 1919
Year Renovated 2019
Buildings 1
Stories 1
Lot Size (SqFt) 41,000
Zoning C1-1
Parking Spaces 100 spaces
Parking Per SqFt 8.70
Investment Type Owner/User
Ceiling Height 16ft
Ownership Individual LLC

RARE MIDWAY IOS SITE 1 ACRE SECURED YARD + 11,500 SF BUILDING

Marketing description

MIDWAY 1-ACRE INDUSTRIAL SITE – 11,500 SF BUILDING + OUTDOOR STORAGE

• 1-acre paved and secured site with frontage on 65th & Austin

• 11,500 SF building with drive-in doors + 16’ clear

• Capacity for 100+ vehicles / equipment

• Minutes to Midway Airport, I-55, Cicero & Central

• C1-1 zoning allows industrial, automotive, logistics uses

• Extremely limited supply of IOS sites in this corridor

Rare opportunity to acquire a 10-parcel commercial assemblage totaling 40,941 sq ft of land (nearly 1 acre) with an 11,500 sq ft commercial building in the highly active Midway Airport corridor. The site spans frontage on both 65th Street and Austin Avenue providing excellent visibility, access, and operational scale.

Zoned C1-1 allowing a wide range of commercial and light industrial uses including warehouse, contractor yard, logistics hub, fleet parking, automotive services, retail, or mixed-use redevelopment.

The main building at 5944 W 65th St includes four drive-in doors, two hydraulic lifts, and heated indoor parking. The additional parcels provide substantial outdoor storage and parking capacity making the property ideal for contractors, logistics operators, service fleets, or investors seeking a high-demand industrial yard location near Midway Airport.

Strategically positioned between Central Ave and Cicero Ave with quick access to I-55 and major transportation corridors serving the Chicago logistics network.

Property is currently vacant allowing immediate repositioning or lease-up. Based on comparable Midway corridor rents the building and yard space offer strong potential income for investors while remaining highly attractive for owner-user operations.

PROPERTY HIGHLIGHTS

10 contiguous parcels

40,941 sq ft total land (nearly 1 acre)

11,500 sq ft commercial building

C1-1 zoning allowing warehouse, logistics, automotive, retail, and redevelopment uses

Frontage on both 65th St and Austin Ave

Large outdoor storage and fleet parking capacity

Minutes from Midway Airport and I-55

Ideal contractor yard, logistics hub, dealership, or redevelopment site

Large industrial land sites in the Midway corridor rarely come available. This property offers scale, flexibility, and strategic location in one of Chicago’s most active commercial zones.

Investment highlights

• 1-acre industrial outdoor storage site near Midway Airport
• 10 parcel assemblage totaling 40,941 SF of land
• 11,500 SF industrial flex building with drive-in doors and heated bays
• Large secured paved yard ideal for truck parking, fleet storage, contractor yard, or equipment storage
• Zoned C1-1 allowing warehouse, logistics, automotive, contractor, and flex industrial uses
• Rare Midway corridor outdoor storage opportunity
• Frontage on both 65th Street and Austin Ave with excellent access
• Minutes from I-55, Cicero Ave, Central Ave, and Midway Airport logistics corridor
• Ideal owner-user headquarters, contractor yard, logistics hub, or fleet operations site
• Industrial redevelopment potential on nearly 1 acre in high-demand Chicago industrial corridor

Listing Contacts

MM
IL 477.013137, IL
Chicagoland Brokers, Inc.
Listed by Chicagoland Brokers, Inc.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$225,500.00
$18,791.67/mo

Valuation Metrics

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DSCR
7.06%
Cap Rate
7.06%
ROI

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Additional Information

Name
Mohammad Mohammad
License
477.013137
Brokerage
Chicagoland Brokers Inc
Title
Realtor
Brokerage Address
5151 North Harlem Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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