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1929 W 43rd St 138,409 SF Industrial Building Chicago, IL 60609 For Sale

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INVESTMENT HIGHLIGHTS

  • An opportunity to purchase an industrial building in metro Chicago below replacement cost.
  • Located in an Empowerment Zone.
  • Easy access to Interstate I-55.

EXECUTIVE SUMMARY

33 Realty is pleased to bring to market a masonry, industrial/warehouse building built in 1909 and just 7 miles southwest of Chicago. The total building size is 138,409 SF (including basement) located on a 48,465 SF lot with zoning of PMD-8 (Planned Manufacturing District-8).
There is easy access to I-55 via Ashland Ave. and a railyard to the north. This sub-market has industrial and manufacturing properties surrounded by residential and mixed use properties. The property is currently vacant with deferred maintenance.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Conditions
Distress Sale
  • Deferred Maintenance
  • High Vacancy Property
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.03 AC
Rentable Building Area 138,409 SF
No. Stories 5
Year Built/Renovated 1909/2009
Parking Ratio 0.25/1,000 SF
Clear Ceiling Height 10’
No. Dock-High Doors/Loading 16
Zoning PMD 8A, Chicago - PMD-8

AMENITIES

  • Fenced Lot

UTILITIES

  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-06-400-030-0000
Land Assessment
$76,408
Improvements Assessment
$1,248,309
Total Assessment
$1,324,717
  • Listing ID: 33927616

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 1929 W 43rd St, Chicago, IL 60609

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