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INVESTMENT HIGHLIGHTS
- Vacant land suitable for redevelopment.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $2,750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.44 AC |
| Property Type | Land | ||
| Zoning | M1-1 - Limited Manufacturing | ||
| Price | $2,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.44 AC |
| Zoning | M1-1 - Limited Manufacturing |
1 LOT AVAILABLE
Lot
| Price | $2,750,000 | Lot Size | 1.44 AC |
| Price Per AC | $1,916,118.60 |
| Price | $2,750,000 |
| Price Per AC | $1,916,118.60 |
| Lot Size | 1.44 AC |
1.4 acres industrial land parcel located on Chicago's Northwest Side. The property offers 149' of frontage on busy Armitage Ave, and extends north almost 600 square feet along railroad tracks. There is a 6,515 SF warehouse/office building onsite.
DESCRIPTION
Rare opportunity to acquire a 1.4 acres industrial land parcel located on Chicago's Northwest Side. The property, currently a successful pallet company, offers 149' of frontage on busy Armitage Ave, and extends north almost 600 square feet along railroad tracks. The site, steps from a new Home Depot and Starbucks, includes an almost 7,000 square foot metal/brick open span warehouse with huge drive-in door, along with a 2nd floor updated office/loft. A potential redevelopment site, the Flexible M1-1 zoning allows for a variety of variety of commercial, retail and industrial uses.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $642 | |
| Land Assessment | $220,418 | Total Assessment | $221,060 |
PROPERTY TAXES
Presented by
4600 W Armitage Ave
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