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33473270
33561749

242 North Western Avenue, Chicago, IL 60612

$2,199,000
19 days on market
Updated 17 days ago

242 North Western Ave

Details
APN 16-12-414-087-0000
Property Type Office, Industrial
Sub Type Distribution, Flex (+2)
Square Footage 8,700
Tenancy Single
Year Built 1969
Year Renovated 2105
Buildings 1
Lot Size (SqFt) 7,848
Zoning PMD-4
Investment Type Owner/User
Ground Lease No
Ceiling Height 17'
Loading Docks 1
Dock High Doors 1

Flex warehouse with luxe second floor office suite

Marketing description

Main floor features 17ft ceilings with a largely open span warehouse, two loading docks (one of which can accommodate tractor trailers), large private office, open workstations, kitchenette, storage rooms, and two baths. Second floor features luxe open workspace with polished concrete floors, custom bar and kitchen, a full bath with shower, and large storage room. Total building square footage is 8700SF with approximately 6400SF as warehouse. This property has been superbly maintained and is in excellent condition. 

Investment highlights

  • Lot Size: 7848 SF | 72 x 109
  • Building: 8700 SF total interior | 6400SFD warehouse
  • Built: Originally 1969 but substantially improved over the years
  • Taxes: $38,211 (2024)
  • Zoning: PMD-4
  • Overhead Doors: Large door = 13’6” | Smaller = 10’6”
  • Ceiling height warehouse =17ft
  • Electrical: 480amp/3-phase + additional 220amp power to the building
  • HVAC: Full gas forced heat and air conditioning throughout | multi-zoned
  • Insurance: $5032 annually
  • New tear of roof in 2015
  • EV Charging station
  • Parking lot in front of building with snow melt lines
  • High R-value spray foam insulation throughout

Listing Contacts

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Zoning

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PMD-4 PlannedPlanned Manufacturing Districts
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Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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