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3018 S Spaulding Ave 8,900 SF 100% Leased Industrial Building Chicago, IL 60623 $800,000 ($89.89/SF)

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Investment Highlights

Versatile Improvements: Includes a 4,000 SF drive-in garage/office and a 4,900 SF warehouse with truck-level access, and 16' x 12' grade-level doors
Just 0.6 miles from I-55 with 1031 Exchange and Build-to-Suit potential—perfect for users or investors seeking a rare industrial opportunity

Expansive Yard: 18,090 SF yard ideal for storage and on-site parking, offering flexibility for various industrial uses

Executive Summary

Rare industrial offering at Spaulding Ave and 31st Street featuring a 26,991 SF site with versatile improvements. Includes a 4,000 SF drive-in garage/office and a 4,900 SF warehouse with truck-level access. The property also offers an 18,090 SF yard for storage and on-site parking, 12' ceilings, and 16' x 12' grade-level doors. Located just 0.6 miles from I-55, this site is ideal for users or investors seeking a functional space with 1031 Exchange and Build-to-Suit potential.

3018 S Spaulding Chicago Brochure

Property Facts

Price	$800,000	Rentable Building Area	8,900 SF
Price Per SF	$89.89	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1929
Property Type	Industrial	Parking Ratio	0.34/1,000 SF
Property Subtype	Service General Retail Auto Repair Industrial Truck Terminal Industrial Warehouse	Clear Ceiling Height	12’
Building Class	C	No. Dock-High Doors/Loading	3
Lot Size	0.62 AC	No. Drive In / Grade-Level Doors	1
Zoning	M1-1, Chicago

Price	$800,000
Price Per SF	$89.89
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Service General Retail Auto Repair Industrial Truck Terminal Industrial Warehouse
Building Class	C
Lot Size	0.62 AC
Rentable Building Area	8,900 SF
No. Stories	1
Year Built	1929
Parking Ratio	0.34/1,000 SF
Clear Ceiling Height	12’
No. Dock-High Doors/Loading	3
No. Drive In / Grade-Level Doors	1
Zoning	M1-1, Chicago

Fenced Lot

Front Loading

Major Tenants

A Grade Construction
Construction
-
-
-

F & L Pallets Inc.
Wholesaler
-
-
-

Tenant	Industry	SF Occupied	Rent/SF	Lease End
A Grade Construction	Construction	-	-	-
F & L Pallets Inc.	Wholesaler	-	-	-

1 1

Moderately walkable

70/100

Moderately drivable

70/100

Good public transit

60/100

Moderately bikeable

70/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 16-26-429-025-0000 16-26-429-024-0000	Improvements Assessment	$58,900
Land Assessment	$84,351	Total Assessment	$143,251

Property Taxes

Parcel Numbers

Multiple

16-26-429-025-0000
16-26-429-024-0000

Land Assessment

$84,351

Improvements Assessment

$58,900

Total Assessment

$143,251

(847) 814-6579

Contacts

Howard Caplan
Steve Aaronson
Cushman & Wakefield

Listing ID: 37278184
Date on Market: 8/14/2025
Last Updated:
Address: 3018 S Spaulding Ave, Chicago, IL 60623

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