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3500 N Kostner Ave 35,450 SF 100% Leased Industrial Building Chicago, IL 60641 $1,789,000 ($50.47/SF)

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Investment Highlights

  • 12 Parking Spaces
  • 3 Exterior Loading Docks
  • 2024 Taxes: $94,490.56
  • 1 Drive-In Door

Executive Summary

This 30,450 SF industrial property located in the North Chicago Industrial Cluster on the City's northwest side is for sale or lease. 12' ceilings, a drive-in door, 3 exterior loading docks, and a freight elevator make this building the ideal space for warehouse, distribution, or manufacturing user. Zoned M1-1.
Just one mile to I-90 Expressway. One block to the CTA bus line on Addison and the MD-N Metra line connecting Chicago Union Station with Fox Lake.

Attachments

Sale Brochure

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes $60,542 $1.71
Operating Expenses - -
Total Expenses $60,542 $1.71

Financial Summary (Actual - 2023)

Taxes
Annual $60,542
Annual Per SF $1.71
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $60,542
Annual Per SF $1.71

Property Facts

Price $1,789,000
Price Per SF $50.47
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 0.52 AC
Rentable Building Area 35,450 SF
No. Stories 2
Year Built/Renovated 1950/1989
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 - 5-93 - Industrial Building

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
13-22-306-012-0000
Land Assessment
$86,344 (2025)
Improvements Assessment
$351,814 (2025)
Total Assessment
$438,158 (2025)
Annual Taxes
$60,542 ($1.71/SF)
Tax Year
2023
  • Listing ID: 31653986

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 3500 N Kostner Ave, Chicago, IL 60641

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