2950-2958 Leavitt st - Warehouse FOR SALE


Chicago, IL 60618- Roscoe Village
$1,890,000 USD
847-338-2022
2950-2958 Leavitt st, Chicago, IL for Sale
$1,890,000 USD
Warehouse - FOR SALE
1/45
null | Request Cap Rate

2950-2958 Leavitt st
Chicago, IL 60618
Roscoe Village


HIGHLIGHTS

  • Ideal User Investor warehouse Opportunity OR Residential Redevelopment (4 City Lots Totaling 11,931 SF) w Multi- Story Residential Across the street!
  • 13,059 SF industrial/flex building w/ Approximately 15% office including second floor office space (Former Ultra Metric Tool Plant)
  • 100% Air Conditioned space & Heavy Power (1,800 amps 240 volt 3-phase power)
  • Functional space distribution: 85% warehouse, 15% office space
  • 4 city lots totaling 95.45’ x 125’ (In Chicago’s Thriving West Lakeview Neighborhood)
  • Excellent Visibility Located at the corner of Leavitt St, Wellington Ave & Clybourn Ave.

OVERVIEW

• Ideal User Investor warehouse Opportunity OR Residential Redevelopment (4 City Lots Totaling 11,931 SF) with Multi- Story Residential adjacent & Across street • 13,059 SF industrial/flex building w/ Approximately 15% office including second floor office space (Former Ultra Metric Tool Plant) • 11,931 SF (0.27 acre) land site • 4 city lots totaling 95.45’ x 125’ • Located at the corner of Leavitt St, Wellington Ave & Clybourn Ave. • In Chicago’s Thriving West Lakeview Neighborhood • Building is 100% AC • LED lighting throughout first floor • 1,800 amps 240 volt 3-phase power • 12 car parking • 12’ x 12’ overhead door • 14’ clear in warehouse • 2023 real estate taxes payable in 2024: $36,618.12 ($2.80 per SF) • Zoned M1-2: Limited Manufacturing/Business Park District. The primary purpose of the M1, Limited Manufacturing/Business Park district is to accommodate low-impact manufacturing, wholesaling, warehousing and distribution activities that occur within enclosed buildings. Reduced Asking Price: $1,890,000

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Warehouse/Flex or Redevelopment opportunity

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1933

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.27

LAND SF

11,761

ZONING

M1

APN/PARCEL ID

14-30-114-033-0000,14-30-114-034-0000,14-30-114-035-0000

ASK ABOUT THIS PROPERTY

Randy OlczykChicagoland Commercial Real EstateMore Info
847-338-2022

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

Randy OlczykChicagoland Commercial Real EstateMore Info
847-338-2022

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