This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

3250 W Lake St

50,000 SF 100% Leased Industrial Building Chicago, IL 60624 £2,073,493 (£41/SF)

Investment Highlights

  • Fully Heated & Sprinklered Warehouse
  • Designated Employee Parking: Parking Lot on South Side of Lake St.
  • Capital Improvements: New Roof in last 5 years

Executive Summary

As Exclusive Listing Broker, Cawley Commercial Real Estate Company is pleased to present an opportunity to acquire and invest at 3250 W. Lake St., situated in Chicago’s East Garfield Park neighborhood.
The property is just steps from the Lake / Kedzie Bus Stop & Green Line and a four-minute drive to I-290. The site spans 406 feet facing south towards W. Lake St. and includes two single-story sections totaling approximately 50,000 Sq. Ft. The 72,419 Sq. Ft. property features an 18,448 Sq. Ft. parking lot. Zoned for manufacturing (M1-3) as-of-right, the building offers a diverse range of possibilities for potential end users.
The west section, around 20,000 Sq. Ft., was previously occupied by VW Broaching Service for production broaching and specialty machining, featuring a loading dock and 3,000 Sq. Ft. of office space. The east section, approximately 30,000 Sq. Ft., has six clerestory (up to 20’ Clear Height) and includes five (5) loading docks and office/ breakroom areas. Both sections have concrete floors, with some areas having oak brick flooring.
With its efficient building footprint, designated employee parking, heavy loading and power, and prime location in East Garfield Park neighborhood – only 10 minutes from Fulton Market, 3250 W. Lake St. presents a compelling opportunity for owner/users or investors.

Property Facts

Price £2,073,493
Price Per SF £41
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
  • Industrial Service
Building Class B
Lot Size 1.66 AC
Rentable Building Area 50,000 SF
Number of Floors 1
Year Built 1901
Parking Ratio 1/1,000 SF
Clear Ceiling Height 14 ft
No. Dock-High Doors/Loading 4
Level Access Doors 1

Amenities

  • Fenced Lot
  • Floor Drains
  • Public Transport
Walk Score ®
Very Walkable (74)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-11-412-025-0000
  • 16-11-411-075-0000
  • 16-11-412-029-0000
  • 16-11-412-031-0000
  • 16-11-412-026-0000
  • 16-11-412-028-0000
  • 16-11-412-030-0000
  • 16-11-412-027-0000
Land Assessment
£177,521
Improvements Assessment
£219,001
Total Assessment
£396,522

zoning

Zoning Code M1-3 (Light manufacturing, warehouses, and wholesalers.)
M1-3 (Light manufacturing, warehouses, and wholesalers.)
  • Listing ID: 32409538

  • Date on Market: 10/07/2024

  • Last Updated:

  • Address: 3250 W Lake St, Chicago, IL 60624

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}