1616 W Glenlake Ave - Light Distribution FOR SALE


Chicago, IL 60660
$1,375,000 USD
312-371-4494
1616 W Glenlake Ave, Chicago, IL for Sale
$1,375,000 USD
Light Distribution - FOR SALE
1/7
null | Request Cap Rate

1616 W Glenlake Ave
Chicago, IL 60660


HIGHLIGHTS

  • Available industrial infill location in the heart of the Edgewater neighborhood of Chicago.
  • Close proximity to Lake Shore Drive with excellent access to public transportation.
  • Ideal for light industrial, and "last mile" warehouse and distribution.
  • This former printing shop is also ideal for commercial or residential redevelopment.
  • The daytime population is 31,870 showing a significant employment base.
  • There are almost 20,000 vehicles per day that pass the property along Clark St.

OVERVIEW

Available industrial infill location in the heart of the Edgewater neighborhood of Chicago. Close proximity to Lake Shore Drive with excellent access to public transportation. Ideal for light industrial, and "last mile" warehouse and distribution. This former printing shop is also ideal for commercial or residential redevelopment. The daytime population is 31,870 showing a significant employment base. The median household income within 1.5 miles is $59,545 showing a strong income base. There are almost 20,000 vehicles per day that pass the property along Clark St. This is a rare opportunity for many types of businesses centrally located on the north side of the City.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33

LAND SF

14,375

ZONING

B3-2

APN/PARCEL ID

14-06-217-036-0000

ASK ABOUT THIS PROPERTY

Todd CabanbanCabanban Rubin and Mayberry Commercial RealtyMore Info
312-371-4494

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Todd CabanbanCabanban Rubin and Mayberry Commercial RealtyMore Info
312-371-4494

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