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INVESTMENT HIGHLIGHTS
- Fully Heated & Sprinklered Warehouse
- Designated Employee Parking: Parking Lot on South Side of Lake St.
- Capital Improvements: New Roof in last 5 years
EXECUTIVE SUMMARY
As Exclusive Listing Broker, Cawley Commercial Real Estate Company is pleased to present an opportunity to acquire and invest at 3250 W. Lake St., situated in Chicago’s East Garfield Park neighborhood.
The property is just steps from the Lake / Kedzie Bus Stop & Green Line and a four-minute drive to I-290. The site spans 406 feet facing south towards W. Lake St. and includes two single-story sections totaling approximately 50,000 Sq. Ft. The 72,419 Sq. Ft. property features an 18,448 Sq. Ft. parking lot. Zoned for manufacturing (M1-3) as-of-right, the building offers a diverse range of possibilities for potential end users.
The west section, around 20,000 Sq. Ft., was previously occupied by VW Broaching Service for production broaching and specialty machining, featuring a loading dock and 3,000 Sq. Ft. of office space. The east section, approximately 30,000 Sq. Ft., has six clerestory (up to 20’ Clear Height) and includes five (5) loading docks and office/ breakroom areas. Both sections have concrete floors, with some areas having oak brick flooring.
With its efficient building footprint, designated employee parking, heavy loading and power, and prime location in East Garfield Park neighborhood – only 10 minutes from Fulton Market, 3250 W. Lake St. presents a compelling opportunity for owner/users or investors.
The property is just steps from the Lake / Kedzie Bus Stop & Green Line and a four-minute drive to I-290. The site spans 406 feet facing south towards W. Lake St. and includes two single-story sections totaling approximately 50,000 Sq. Ft. The 72,419 Sq. Ft. property features an 18,448 Sq. Ft. parking lot. Zoned for manufacturing (M1-3) as-of-right, the building offers a diverse range of possibilities for potential end users.
The west section, around 20,000 Sq. Ft., was previously occupied by VW Broaching Service for production broaching and specialty machining, featuring a loading dock and 3,000 Sq. Ft. of office space. The east section, approximately 30,000 Sq. Ft., has six clerestory (up to 20’ Clear Height) and includes five (5) loading docks and office/ breakroom areas. Both sections have concrete floors, with some areas having oak brick flooring.
With its efficient building footprint, designated employee parking, heavy loading and power, and prime location in East Garfield Park neighborhood – only 10 minutes from Fulton Market, 3250 W. Lake St. presents a compelling opportunity for owner/users or investors.
PROPERTY FACTS
| Price | $2,650,000 | Rentable Building Area | 50,000 SF |
| Price Per SF | $53 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1901 |
| Property Type | Industrial | Parking Ratio | 1/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 35’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 2.00 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | M1-3 | ||
| Price | $2,650,000 |
| Price Per SF | $53 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.00 AC |
| Rentable Building Area | 50,000 SF |
| No. Stories | 1 |
| Year Built | 1901 |
| Parking Ratio | 1/1,000 SF |
| Clear Ceiling Height | 35’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M1-3 |
AMENITIES
- Fenced Lot
- Floor Drains
- Metro/Subway
1 1
Walk Score®
Very Walkable (73)
Transit Score®
Excellent Transit (75)
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $162,494 | |
| Land Assessment | $226,311 | Total Assessment | $388,805 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$226,311
Improvements Assessment
$162,494
Total Assessment
$388,805
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3212-3256 W Lake St
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