Property Listing No Longer Available for Sale

1253 W 47th Street, Chicago, IL

Industrial for Sale - $425,000 - 11,000 Sq. Ft. on 0.21 acres


Property Info

CIMLS#973599
Location
  1253 W 47th Street
  Chicago IL 60609
UpdatedFebruary 6th, 2018
TypeIndustrial
Price$425,000
Building11,000 Sq. Ft.
Land0.21 acres

Property Description

Located in the Back of the Yards neighborhood. Automotive Repair Tenant with Escalating Lease until 2020. Loft Space Leased to Artist Studio. Close to Midway Airport and I-90-94 Expressway. 11,000 SF Corner Property across from Rail Yard. Solid Brick Bow Truss Building with 2 Drive in Doors and 24' Ceilings.

Location Description:

Located in Chicago's historic Back of the Yards neighborhood, a densely populated area comprised of industrial, residential and new retail development.

Close access to 1-90/94 Dan Ryan Expressway

5 miles to Midway Airport

Located on the corner of 47th St and Throop Ave

Highlights:

>> 11,000 SF brick bow truss warehouse corner building on busy 47th St

>> Densely populated area

>> Light manufacturing zoning designation

>> $44,400 current rental income

>> Major retail development within blocks

>> New Roof in 2014

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Financials