This Industrial Property is Off-Market.

2500 S. Damen Ave
Chicago, IL 60608 ·

128,200 SF · Industrial For Sale



Preferred Freezer

Price N/A Cap Rate 6.88%
Building Size 128,200 SF Occupancy 100%
Property Type Industrial Tenancy Single
Property Sub-type Refrigerated/Cold Storage Year Built 2003
Property Use Type Investment Lot Size 6 AC
Listing ID: 14285048 Date Created: 07/29/2005 Last Updated: 11/03/2005


The 5th largest Public Refrigeration Full-Service Warehouse in the Nation according to IARW. Over 1.6m sq ft & approx. 64m cu ft of refrigerated space. There are 12 sites in the US w/ 13th scheduled for a 05' opening. They have nearly 100% client retention. Typically within 1-yr of opening they maintain an operating margin of 40-45% and a return on assets of 15-20%.

The property is located in the third-largest metropolitan area in the United States in a densely populated region poised for growth.
Chicago ranks second in number of corporate headquarters in the United States. Chicago O'Hare International airport is 14.2 miles from the site and Midway Airport is a mere 5.3 miles from the site. Both are located off Highway 55. With the World's busiest airport, expansive rail and freeway networks and a water port, Chicago is the nation's leading intermodal distribution point, transporting twice the volume of Los Angeles and five times that of New York.
With Chicago's ideal central location, affording access to the east/west corridor joining the markets of Europe and Asia and the north/south trade of NAFTA, its transportation and technology infrastructure has developed into one of the largest and most efficient in the World.


2500 S. Damen Ave, Chicago, IL 60608 (Cook County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Chicago Market Trends - Asking price index trends, sale price trends, asking rent trends

Similar Listings

  • 977 W. Cermak Road
    977 W. Cermak Road

    Chicago, IL 60608

    For Sale · $9,985,000

    150,000 SF Building

    Industrial-Business Park

  • 2743 W 36th Pl
    2743 W 36th Pl

    Chicago, IL 60632

    For Sale · $2,995,000

    140,000 SF Building


  • 1901 S. Rockwell St.
    1901 S. Rockwell St.

    Chicago, IL 60608

    For Sale · $1,450,000

    104,110 SF Building


  • 2545 W Polk
    2545 W Polk

    Chicago, IL 60612

    For Sale · Price Not Disclosed

    98,233 SF Building


The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)