3260 W Grand Ave - Warehouse FOR SALE


Chicago, IL 60651
$4,250,000 USD
312-399-0770
3260 W Grand Ave, Chicago, IL for Sale
$4,250,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

3260 W Grand Ave
Chicago, IL 60651


HIGHLIGHTS

  • The property offers great flexibility as an Adaptive Reuse/Redevelopment project
  • Location offers a variety of federal, state and city programs to building owners, including eligibility for Transit-Oriented Development
  • Unique opportunity to purchase in the Humboldt Park neighborhood

OVERVIEW

3260 W. Grand Ave. offers a unique opportunity to purchase in the Humboldt Park neighborhood in Chicago. This 2-story building has 62,000 square feet, 31,000 square feet on both levels, made of masonry, timber and steel construction, with concrete and hard-wood flooring. There are two freight elevators, a 4,000 lb., and a 2,000 lb., which is for material handling only. Currently zoned both RS-3 (north section) and C1-2 (south section), situated in a neighborhood with precedent for zoning change, this property offers great flexibility as an Adaptive Reuse/Redevelopment project. 3260 W. Grand Ave. is located in an area that offers a variety of federal, state and city programs to building owners, including eligibility for Transit-Oriented Development.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

UTILITIES

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

CLEAR CEILING HT

20 Ft

DOCKS

2

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83

LAND SF

36,000

ZONING

C1-2

APN/PARCEL ID

16-02-414-001-0000

ASK ABOUT THIS PROPERTY

Timothy NewbergCTK Chicago Partners-City PropertiesMore Info
312-399-0770

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Timothy NewbergCTK Chicago Partners-City PropertiesMore Info
312-399-0770

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