Property Description

Price Reduced! This listing consists of several warehouse/distribution buildings strategically located on the south side of the Eisenhower (#290) Expressway between Independence Ave and Central Park Ave. Conveniently located just 5.5 miles to the center of Downtown Chicago, 18 miles to O'Hare Airport, 7.5 miles to Midway Airport, and just 4 miles from the Ogden Gate at the BNSF Railway - Cicero Intermodal Facility (Cicero Yard). This offering consists of 11 separate spaces in 7 different buildings (A-G in the aerial photos). There are also 2 vacant lots (Lots #1 and #13 in the aerial photos). Parcel #1 was previously held off the market, and the prior price reflected this. Parcel #1 is now back on the market along with Parcels #2 and #3. Parcel #1 is made up of two vacant lots measuring 56.46' x 121.6', for a total of 6,848 s.f. The frontage on W. Harrison St. is 56.46 linear feet. The list price for Parcel #1 is $400,000. Parcel #2 is made up of 2 buildings; these are bldgs C and D in the aerial photos, with total interior space of approx. 3,632 s.f. These bldgs have a total of six overhead doors. The land these bldgs sit on is 11,448 s.f., and has approx. 94.5 linear feet of frontage on W. Harrison St. There was previously an unused billboard on this land which was owned by Clear Channel. The billboard has been removed, so there are no longer any issues regarding easements or air rights. The list price for Parcel #2 is $400,000. Parcel #3 is made up of five bldgs (A,B,E,F, and G in the aerial photos). There are nine separate spaces in these five bldgs, with a total area of 23,597 s.f. There are large overhead doors servicing these bldgs, and they sit on land totaling 37,823 s.f. All of the bldgs in Parcel #3 will need varying degrees of repairs, with Bldg A in particular need of extensive repair in order to bring it back to a usable condition. The list price for Parcel #3 is $900,000. These properties can be purchased individually (Parcel #1, #2, OR #3), or altogether as one package for $1,700,000.

Property Features