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3850 W Cortland St Industriel/Logistique 7 935 m² 73 % Loué À vendre Chicago, IL 60647
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Opportunity to acquire a well-located multi-tenant industrial/flex property in Chicago’s Logan Square area.
- Multi-dock and six drive-in doors, plus freight elevator service for versatile distribution needs.
- Current occupancy at 72.7% provides immediate income with strong lease-up upside potential.
- Excellent access to Interstate 90, IL Route 50, North Avenue, and regional transportation.
- Flexible layout ideal for warehouse, showroom, light manufacturing, and maker space users.
- Recently renovated in 2019, featuring modernized systems and functionality.
Résumé analytique
3850 West Cortland Street offers a unique opportunity to acquire a multi-tenant industrial/flex property within Chicago’s established North industrial submarket. Located just seven miles northwest of the CBD, the property provides excellent connectivity to Interstate 90, Illinois Route 50, and North Avenue. This location ensures proximity to dense population centers, major business nodes, and transportation routes, positioning it ideally for diverse tenant demand.
The building spans 85,410 square feet across 1.11 acres and features multiple loading docks, six drive-in doors, and a freight elevator capable of handling industrial needs. Zoned M1-1, the property supports warehouse, showroom, maker, and light industrial users. Upgraded amenities, flexible suite configurations, and heavy power capabilities (1,200 AMP/120-240v, 3-phase) allow for tenant versatility.
With a current occupancy of 72.7% and an annual income of $751,460, investors can realize immediate in-place cash flow with significant upside by leasing remaining vacancies and capturing market rent growth. Surrounded by industrial, retail, and residential developments, and supported by high demand in an infill location, 3850 W Cortland promises long-term stability and value creation for its next owner.
The building spans 85,410 square feet across 1.11 acres and features multiple loading docks, six drive-in doors, and a freight elevator capable of handling industrial needs. Zoned M1-1, the property supports warehouse, showroom, maker, and light industrial users. Upgraded amenities, flexible suite configurations, and heavy power capabilities (1,200 AMP/120-240v, 3-phase) allow for tenant versatility.
With a current occupancy of 72.7% and an annual income of $751,460, investors can realize immediate in-place cash flow with significant upside by leasing remaining vacancies and capturing market rent growth. Surrounded by industrial, retail, and residential developments, and supported by high demand in an infill location, 3850 W Cortland promises long-term stability and value creation for its next owner.
Informations sur l’immeuble
| Type de vente | Investissement ou propriétaire occupant | Nb d’étages | 2 |
| Type de bien | Industriel/Logistique | Année de construction/rénovation | 1950/2020 |
| Sous-type de bien | Manufacture | Hauteur libre du plafond | 5,18 m |
| Classe d’immeuble | C | Nb de portes élevées/de chargement | 4 |
| Surface du lot | 0,45 ha | Nb d’accès plain-pied/portes niveau du sol | 6 |
| Surface utile brute | 7 935 m² | ||
| Zonage | M1-1 - Usage commercial industriel M-1 | ||
| Type de vente | Investissement ou propriétaire occupant |
| Type de bien | Industriel/Logistique |
| Sous-type de bien | Manufacture |
| Classe d’immeuble | C |
| Surface du lot | 0,45 ha |
| Surface utile brute | 7 935 m² |
| Nb d’étages | 2 |
| Année de construction/rénovation | 1950/2020 |
| Hauteur libre du plafond | 5,18 m |
| Nb de portes élevées/de chargement | 4 |
| Nb d’accès plain-pied/portes niveau du sol | 6 |
| Zonage | M1-1 - Usage commercial industriel M-1 |
Caractéristiques
- Accès 24 h/24
- Ligne d’autobus
- Property Manager sur place
- Puits de lumière
- Espace d’entreposage
- Toilettes dans les parties communes
- Éclairage fluorescent
Services publics
- Gaz - Naturel
- Eau - Ville
- Égout - Ville
- Chauffage - Gaz
1 1
Exceptionnellement praticable à pied
90/100
Relativement adapté aux voitures
50/100
Bons transports en commun
70/100
Très praticable en vélo
80/100
Taxes foncières
| Numéro de parcelle | 13-35-302-020-0000 | Évaluation des aménagements | 789 449 € |
| Évaluation du terrain | 147 019 € | Évaluation totale | 936 468 € |
Taxes foncières
Numéro de parcelle
13-35-302-020-0000
Évaluation du terrain
147 019 €
Évaluation des aménagements
789 449 €
Évaluation totale
936 468 €
Contacts
-
Matt Tarshis -
Andrew Rubin -
Andrew Slovis -
Zack Pearlstein -
Frontline Real Estate Partners
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Présenté par
3850 W Cortland St
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