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This Industrial Property is no longer advertised on LoopNet.com.

2950 W Grand Ave
Chicago, IL 60622
Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Newly executed 10-year lease with 2.5% Annual Rent Escalations
  • Over $1.1 Million of renovations and improvements to the Property
  • Value-add opportunity with 4,500 SF of additional lease-up
  • Tenant’s third location to open & one of five in the Chicagoland area

PROPERTY FACTS

Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Freestanding
  • General Retail Storefront Retail/Office
  • General Retail Health Club
Building Class C
Lot Size 0.70 AC
Rentable Building Area 35,233 SF
No. Stories 2
Year Built 1960
Parking Ratio 0.51/1,000 SF
Zoning M2-3 - General manufacturing district

UTILITIES

  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-01-322-036-0000
Land Assessment
$224,273
Improvements Assessment
$393,916
Total Assessment
$618,189
  • Listing ID: 22618101

  • Date on Market: 4/1/2021

  • Last Updated:

  • Address: 2950 W Grand Ave, Chicago, IL 60622

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