3065 N Rockwell Street 3065 N Rockwell St 63,000 SF 95% Leased Industrial Building Chicago, IL 60618 $9,900,000 ($157.14/SF) 6.77% Cap Rate

Exceptional opportunity to acquire a stabilized multi-tenant industrial investment property with significant long-term redevelopment upside in one of Chicago’s evolving infill industrial corridors. Situated on approximately 2.28 acres, this 63,000 SF industrial asset offers strong in-place cash flow while positioning investors and developers to capitalize on future repositioning or redevelopment potential.
The property is currently configured as a multi-tenant industrial facility generating approximately $670,425 NOI, providing immediate income with additional value-add and redevelopment flexibility. The site’s M2-3 zoning supports a broad range of industrial and commercial uses, making it an attractive acquisition for investors, owner-users, and developers alike.
This offering presents a compelling combination of stable current income and future upside. Investors can benefit from immediate cash flow while exploring higher-and-better-use strategies, adaptive reuse concepts, industrial modernization, or long-term redevelopment scenarios in a rapidly changing submarket.
Large infill industrial sites with existing income streams and flexible zoning are increasingly difficult to acquire in Chicago. This property offers both downside protection through current tenancy and substantial upside through redevelopment potential. Property ideal for industrial investors, value-add buyers, developers, owner-users, and long-term banking strategies.