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400-434 N Armour St
Chicago, IL 60642
The Armoury · Industrial Property For Sale
Investment Highlights
- Situated within the infill and densely populated City North submarket of Chicago in the Kinzie Corridor
- Fully improved parking lot with underground volume control and storm water retention
- Fully renovated buildings with HVAC throughout
- 100% leased to two tenants
Executive Summary
404 N Armour and 1515 W Hubbard is a 46,040 SF multi-building site on 1.77 acres. Situated within the infill and densely populated City North submarket of Chicago in the Kinzie Corridor, the Property is 100% leased to two tenants with a WALT of 3.09 years remaining. This investment provides the opportunity to access a high barrier to entry marketplace with an infill location that holds mission-critical benefits to a diverse tenant base.
Fully renovated in 2017, with renovations including roof, lighting, electric, HVAC, heat, drive in doors, tuck pointing/masonry. Fully improved parking lot with underground volume control and storm water retention.
Fully renovated in 2017, with renovations including roof, lighting, electric, HVAC, heat, drive in doors, tuck pointing/masonry. Fully improved parking lot with underground volume control and storm water retention.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1884/2017 |
| Property Subtype | Warehouse | Parking Ratio | 2.43/1,000 SF |
| Building Class | C | Clear Ceiling Height | 20’ |
| Lot Size | 1.77 AC | No. Drive In / Grade-Level Doors | 4 |
| Rentable Building Area | 38,268 SF | ||
| Zoning | PMD-4 | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.77 AC |
| Rentable Building Area | 38,268 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1884/2017 |
| Parking Ratio | 2.43/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | PMD-4 |
Property Taxes
| Parcel Number | 17-08-135-019-0000 | Improvements Assessment | $368,740 |
| Land Assessment | $106,313 | Total Assessment | $475,053 |
Property Taxes
Parcel Number
17-08-135-019-0000
Land Assessment
$106,313
Improvements Assessment
$368,740
Total Assessment
$475,053
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