7435 S Union Ave - Warehouse FOR SALE


Chicago, IL 60621
$1,290,000 USD
773-732-8843
7435 S Union Ave, Chicago, IL for Sale
$1,290,000 USD
Warehouse - FOR SALE
1/25
null | 9.02% Cap Rate

7435 S Union Ave
Chicago, IL 60621


HIGHLIGHTS

  • Coal trestle
  • 9 buildings on property leased by tenants
  • Minutes from Dan Ryan Expressway

OVERVIEW

13,130 square foot RBA industrial property with a total of 9 buildings including a 2 flat, office and 2 apartments, 2 car garage and an apartment, 5 warehouses with one warehouse including an apartment, 2 car garage with yard space, 2 car garage and in addition 16 storage spaces including 10 containers and 6 storage bins. Gross rental income exceeds $145,000 annually. Property has a coal trestle that can be disassembled and moved to a new location or sold to another user. Updated lighting includes energy efficient LED. Truck scale conveys with the property. Radiant heat flooring in rear building. All leases are MTM which allows the flexibility for the new owner to suit his business needs. Great opportunity that doesn't come along very often.

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

9.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

UTILITIES

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

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.71

LAND SF

30,928

ZONING

M1-2

APN/PARCEL ID

20-28-120-008-0000,20-28-120-017-0000,20-28-120-018-0000

ASK ABOUT THIS PROPERTY

Michael GalvanBaird & Warner, Inc.More Info
773-732-8843

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Michael GalvanBaird & Warner, Inc.More Info
773-732-8843

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