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3220 W Grand Ave
Chicago, IL 60651
Retail Property For Sale
Investment Highlights
- Long-Term Absolute Net Lease with Zero Landlord Responsibilities
- Premier Infill Chicago Industrial Location – Exposure Across Three Signalized Corners
- Dense, Affluent Urban Demographics – More than 200,000 Residents and HHI Exceeding $153,000 within 2 Miles
- Mission-Critical Food Manufacturing Facility Including: Exterior Docks, Sprinklers, Floor drains, Water-Chilling Infrastructure, and Dedicated Freezer
- Excellent Highway & Airport Connectivity – Less than 3 miles from I-90/I-94 and 30 Minutes from O'Hare Airport
- ???????Irreplaceable Urban Industrial Real Estate – Rare Combination of Food-Grade Infrastructure, M1-2 Zoning, Loading, Parking, and dense infill pos
Executive Summary
Northmarq is pleased to present a unique opportunity to acquire a fee-simple interest in a 45,000-square-foot, mission-critical food production facility located at 3220 W Grand Avenue in Chicago, Illinois. The Property is fully occupied under an absolute net lease with 3.00% annual rental increases, providing investors with passive cash flow and built-in income growth.
Contact Broker for More Details
Contact Broker for More Details
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
47,000 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.98
Lot Size
1.10 AC
Zoning
M1-2 - Limited Manufacturing
Parking
35 Spaces (17.5 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Numbers | Improvements Assessment | $510,469 | |
| Land Assessment | $142,033 | Total Assessment | $652,502 |
Property Taxes
Parcel Numbers
Land Assessment
$142,033
Improvements Assessment
$510,469
Total Assessment
$652,502
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