Excellent industrial investment opportunity in Chicago's East Side! This 4,900 SF freestanding building sits on a 9,583 SF lot, zoned M3-3 for heavy industrial use. Currently occupied by a long-established auto repair business, the property generates consistent operational income with low overhead. Features include central HVAC, high ceilings, and a drive-in door. Strategically located near I-90/94 and the Indiana border, this asset offers strong long-term upside through either continued use, lease-up, or repositioning. Ideal for investors seeking stable cash flow with value-add potential.
MLS# | 12330037 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1995 |
Days On Site | 10 |
Listing Provided By | Coldwell Banker Realty | Josie Ashmore |
SQ Feet | 4,900 |
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Story(s) | 1 |
Units | 1 |
Zoning | COMMR |
State | IL |
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County | Cook |
City | Chicago |
Zip Code | 60617 |
Area | CHI East Side |
Listing VS Median (In 60617) | |
Price: $809,000 low | high Med: $209,450 SqFt: 4,900 low | high Med: 1,400 $ / SqFt: $165 low | high Med: $153 On site: 10 low | high Med: 81.500000 |