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2310-2312 S Indiana Ave
Chicago, IL 60616
Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Potential for increased footprint with the conjunction of two adjacent public alleys and additional assemblage opportunities.
  • Rare Chicago Qualified Opportunity Zone Infill Offering.
  • Built-In Financial Incentives: Historic District, TIF, Transit-Oriented Development, Additional Private Capital Sources.

EXECUTIVE SUMMARY

+ Total Land Size: ± 8,250 Sq.Ft.
+ Total Building Size: ± 7,400 Sq.Ft.
+ Typical Floor Plate: ± 3,700 Sq.Ft.
+ Total Number of Floors: Two (2) Stories Above Grade & Partial Basement Below Grade
+ Ceiling Heights: Approx. 10' - 20'
+ Column Spacing: N/A
+ Loading Access: N/A
+ Stairwells: One (1) Interior, Open
+ Elevators - Passenger | Freight: N/A
+ Property Taxes (2020): $19,517.70 | $2.64 per Sq.Ft.
+ Property Tax Classification: 2310 S Indiana Ave, 5.80 Class 5B Industrial Minor Improvements ; 2312 S Indiana Ave 2.12 Class 2 - Residential Mixed-Use Commercial / Residential + Tax Level of Assessment: 2310 S Indiana Ave - 25% 2312 S Indiana Ave - 10%
+ Landmark Designation: Motor Row Historic District
+ Landmarket Status: Building Not Landmarked

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Industrial
Building Class C
Lot Size 1.30 AC
Rentable Building Area 7,400 SF
No. Stories 2
Year Built 1973
Parking Ratio 0.41/1,000 SF
Opportunity Zone Yes
Zoning DS-5 - DS-5 zoning designates areas for downtown service districts tailored to accommodate a mix of commercial, office, and limited residential uses.

UTILITIES

  • Gas - Natural
  • Water - City Water
  • Sewer - City Sewer
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17-27-110-018-0000
  • 17-27-110-020-0000
  • 17-27-110-021-0000
  • 17-27-110-022-0000
  • 17-27-110-019-0000
  • 17-27-110-017-0000
  • 17-27-110-023-0000
  • 17-27-110-024-0000
  • 17-27-110-016-0000
  • 17-27-110-025-0000
Land Assessment
$410,540
Improvements Assessment
$619,213
Total Assessment
$1,029,753
  • Listing ID: 27015409

  • Date on Market: 11/1/2022

  • Last Updated:

  • Address: 2310-2312 S Indiana Ave, Chicago, IL 60616

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