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1037 E 87th St 137,000 SF Industrial Building Chicago, IL 60619 $4,500,000 ($32.85/SF)

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INVESTMENT HIGHLIGHTS

100 car parking.

Good access to both I-94 and I-57.

EXECUTIVE SUMMARY

Well-maintained, 137,000 SF freestanding industrial/manufacturing facility located on 7.25 acres in Cook County. Offers 4,000 SF of office space, 14’-21’ clear height, with ample loading and heavy power. 2021 taxes (payable 2022) $182,248 - $1.33/SF

Sale/Lease Brochure

PROPERTY FACTS

Price	$4,500,000	No. Stories	1
Price Per SF	$32.85	Year Built	1943
Sale Type	Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.36/1,000 SF
Property Subtype	Warehouse	Clear Ceiling Height	16’
Building Class	C	No. Dock-High Doors/Loading	11
Lot Size	7.25 AC	No. Drive In / Grade-Level Doors	4
Rentable Building Area	137,000 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M 1-2

Price	$4,500,000
Price Per SF	$32.85
Sale Type	Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	7.25 AC
Rentable Building Area	137,000 SF
No. Stories	1
Year Built	1943
Tenancy	Single
Parking Ratio	0.36/1,000 SF
Clear Ceiling Height	16’
No. Dock-High Doors/Loading	11
No. Drive In / Grade-Level Doors	4
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M 1-2

Property Manager on Site

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
CONDITION
AVAILABLE

1st Floor
50,000-137,000 SF
Industrial
Full Build-Out
Now

7.5 acres land site Rail

Space	Size	Space Use	Condition	Available
1st Floor	50,000-137,000 SF	Industrial	Full Build-Out	Now

Size

50,000-137,000 SF

Space Use

Industrial

Condition

Full Build-Out

Available

Now

1 1

Walk Score®

Very Walkable (73)

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PROPERTY TAXES

Parcel Numbers	Multiple 25-02-102-034-0000 25-02-102-022-0000	Improvements Assessment	$688,093
Land Assessment	$273,202	Total Assessment	$961,295

PROPERTY TAXES

Parcel Numbers

Multiple

25-02-102-034-0000
25-02-102-022-0000

Land Assessment

$273,202

Improvements Assessment

$688,093

Total Assessment

$961,295

(312) 593-0959

CONTACTS

Steve Connolly
Chris Gary
NAI Hiffman

Listing ID: 28700760
Date on Market: 6/8/2023
Last Updated:
Address: 1037 E 87th St, Chicago, IL 60619

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