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34468447

3260 West Grand Avenue, Chicago, IL 60651 For Sale

HA
IL 475125965
$3,000,000
1 day on market
Updated 1 day ago

Humboldt Park Redevelopment Re-purpose Opportunity

Details
APN 16024140020000
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 62,000
Net Rentable (SqFt) 62,000
Tenancy Vacant
Year Built 1961
Buildings 1
Stories 2
Lot Size (SqFt) 34,000
Zoning C1-2 & RS-3
Parking Spaces 3 spaces
Parking per 1,000 SqFt 0.05
Investment Type Redevelopment
Ground Lease No
Ceiling Height 11
Loading Docks 4
Dock High Doors 3
Ownership Individual

Industrial | 62,000 SqFt

Investment highlights

3260 Grand offers Investors and Developers the opportunity to re-purpose or level and redevelop a one of a kind property in a burgeoning market. The brick and heavy timber warehouse provides any number of use possibilities and is located at the intersection of Grand Avenue, Augusta Boulevard and Spaulding Street The property is adjacent to residential housing and commercial businesses, proximate to Humboldt Park and provides access to public transportation with the Grand Avenue bus. Current use is automotive and industrial and current zoning is C1-2 and RS-3. Neighborhood precedent for zoning variance is justifiable making this a feasible endeavor for the long term minded visionary. Property covers 34,374 square feet lot line to lot line and the existing structure is 62,000 square feet on two levels with 10'6" clear height on the ground level and and 11'7" on the second level, both to the underside of the beams. Two exterior loading docks, Three 12 foot wide and 11 foot high drive in doors. Five interior stairwells and two high capacity freight elevators. 1200+ Amps electric service. Property is sprinklered. Flexible timing available for close and possession.

Listing Contacts

HA
IL 475125965

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Additional Information

Name
Howie Andron
License
475125965
Brokerage
Mark Allen Realty ERA Powered
Brokerage Phone
7739725333
Title
Real Estate Broker
Brokerage Address
2015 West Fullerton Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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