12054 S Doty Ave - Warehouse FOR SALE


Chicago, IL 60628
$2,750,000 USD
773-297-7718
12054 S Doty Ave, Chicago, IL for Sale
$2,750,000 USD
Warehouse - FOR SALE
1/45
null | Request Cap Rate

12054 S Doty Ave
Chicago, IL 60628


HIGHLIGHTS

  • Excellent Exposure
  • 1200 Amps
  • 11 RTUs
  • Signage visible from I-94 expressway

OVERVIEW

Approximate 20,000 SF industrial facility offering significant infrastructure improvements conducive to a myriad of uses: adult entertainment/gentlemen's club, nightclub, banquet or large event facility, warehousing, industrial, distribution, cannabis, grow facility, flex, and so much more! Complete renovation in 2009 to a gentlemen's club, this building has been incredibly designed and maintained with a modern build-out and upgraded mechanicals throughout. Can be easily converted back to industrial, warehouse, flex, light manufacturing, or any entertainment type use. Current build-out includes three loading docks, full kitchen, walk-in cooler, walk-in freezer, 8 restroom facilities, showers, courtyard, locker room and more. The entertainment side of the house includes 4 stages, 2 bars, 8 VIP rooms, private entrances, DJ booth, reception, and coat check room. Mechanicals feature eleven RTU'S (ten 20-ton units and one 15-ton unit) offering temperature control, upgraded electric with 1200 amps and 3-phase power, 18' ceilings, fully sprinklered, and a new roof in 2009. Annual maintenance reports available upon request. Tons of value in the infrastructure alone. Security includes security system, retractable gates, and secure fenced site with exterior monitoring systems. Located in a TIF District, this 2-plus acre site with 131 parking stalls offers excellent visibility from I-94 with over 160,000 VPD and pylon signage. Combine this property with an adjacent approximate 24,000 SF industrial facility on 1.3 acres. Loads of potential, incredible value with infrastructure improvements, great visibility and easy access to I-94 make this a must see property.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Gentlemen's Club - The Factory

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Bar, Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

Gas - Natural, Water - City, Sewer - City

CLEAR CEILING HT

18 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

131

LAND DETAILS

LAND ACRES

4.08

LAND SF

177,724

ZONING

C2-2

APN/PARCEL ID

25-22-401-031-0000

ASK ABOUT THIS PROPERTY

Mark MielnickiFirst In Realty, IncMore Info
773-297-7718

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Mark MielnickiFirst In Realty, IncMore Info
773-297-7718

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.