Patriot Development of Chicago 2 biens | Chicago, IL

3033-3051 E 106th Street is a 13.95-acre property along the Calumet River in the one-and-only, Industrial Corridor of Chicago. It comprises existing structures and, most importantly, boasts highly favorable zoning in the city’s primary area for industrial commerce.

The main building was delivered in 2012 using steel construction. The well-maintained structure spans approximately 25,000 square feet and has around 3,000 square feet of office space. There is an additional 4,000-square-foot warehouse and roughly 50,000 square feet of outdoor storage space covered by a steel canopy. The facility has all the essential features for industrial warehouse users, including oversized drive-in doors, trailer loading docks, cranes, vertical storage racking, and a new truck scale. The site is fully secured with iron fencing, and half of it is paved with concrete, and the remainder is set with high-grade aggregate material.

The seller, Adelman’s Truck & Equipment, previously used this property for equipment, parts, and vehicle sales, truck recycling, surplus storage, and distribution, underpinning its versatility. The building equipment and industrial infrastructure, like the cranes and truck scale, will be included in the sale. 3033-3051 E 106th Street’s significant acreage leaves ample room for expansion, and its rare positioning along the waterfront opens up potential for barge docks.

The site is zoned for heavy industrial use, an exclusive designation in the Industrial Corridor of Chicago. Additionally, it comes with a PD (Planned Development) to streamline the approval process for any future uses, a valuable advantage in this airtight submarket.

The Industrial Corridor of Chicago is sought by many investors and tenants as it is virtually the last major industrial area within the city limits. Easy access to the heart of Chicago and its surrounding communities greatly supports labor recruitment, while proximity to highways and intermodal transport options maximizes the capabilities of industrial users. Warehouses and manufacturing centers are utilized by dozens of industry leaders in this submarket due to these advantages, but the limited supply of land and non-obsolete space creates a high barrier to entry, highlighting the rarity of assets like this.

South Chicago also provides opportunistic investors the chance to capitalize on its evolving landscape. As cutting-edge fields like quantum computing and biotech become increasingly present in the area, these operations will likely need support from logistics, cold storage, manufacturing centers, and more. 3033-3051 E 106th Street is the premier site to reuse or redevelop in this coveted market. Explore the limitless possibilities today and inquire now to learn more.