仅可通过预约看房。请联系伊娃·霍顿,电话:770-552-2404或发送电子邮件至ehorton@ngkf.com安排物业参观。
投资亮点:
巨大的增值机会,大大低于重置成本
共提供3个地块(两个建筑物和一个停车位地块)
芝加哥空置工业空间,建面达±359,374平方英尺。
所有者经营者机会或以市场利率或重建的租赁增值
八个内部码头,天花板高度为10至34英尺
适用于各种用途,包括办公室,仓库或制造
位于格勒伍德/阿米蒂奇的TIF区
低税,可分割,劳动力丰富,靠近公共交通
人口密集,2017年半径5英里人口为±975,991
投资概况:
芝加哥工业重建项目是位于伊利诺伊州芝加哥主大道北1819号的空置工业场所,占地±5英亩,建面共计±359,374平方英尺。除了目前的工业弹性使用,该物业将对于各种用途都是理想选择,包括办公室、仓库或制造等。该物业为投资者提供机会,以大量折扣购买3个包括空置建筑物的地块,提供增值机会。
该出售包括3个地块,该物业由两个地块上的±359,374平方英尺的F空置工业仓库组成,另外还有一个有66个停车位的停车场地块,距离主楼约500-1,000英尺。建于1930年,该建筑的一部分是两层楼,另一部分是七层楼。建筑物有混凝土基座和平屋顶,主楼每层有两个厕所,办公区域有两个厕所。
Property tours are available on Thursday, November 2nd, at 2p. Please contact Eva Horton to schedule at ehorton@ngkf.com or 770-552-2404.
Investment Highlights:
Huge value-add opportunity significantly below replacement cost
3 parcels included in offering (two buildings and one parking parcel)
±359,374 SF of vacant industrial space in Chicago
Owner-operator opportunity or value-add through lease-up at market rates or redevelopment
Eight interior docks with ceiling heights ranging from 10 to 34 feet
Suitable for variety of uses including office, warehouse or manufacturing
Located in the Galewood/Armitage TIF District
Low Taxes, divisible, abundant labor force, and close to public transportation
Dense demographics with 2017 Population of ±975,991 with 5-mile radius
Investment Overview:
The Chicago Industrial Redevelopment is a ±359,374 SF vacant industrial site on ±5 AC located at 1819 N Major Avenue in Chicago, IL. In addition to its current industrial flex use, the Property would be ideal for a variety of uses including office, warehouse or manufacturing, etc. This Property offers investors the opportunity to purchase 3 parcels inclusive of the vacant buildings at a significant discount with a huge value add opportunity.
This offering includes 3 parcels and the Property consists of a ±359,374 SF vacant industrial warehouse on two parcels and an additional parking lot parcel with 66 parking spaces, located approximately 500-1,000 feet from the main building. Built in 1930, the building is part two story and part seven story. The buildings have concrete foundations and flat roofs and the main building has two restrooms per floor and two restrooms in the office area. The ceiling heights range from approximately 10 to 34 feet and there is column spacing of 20 feet by 20 feet and 20 feet by 40 feet. Additionally, the Property offers one freight elevator, eight interior docks with levelers and two overhead doors. This Property is suitable for variety of uses including office, warehouse or manufacturing.
With over 2.7 million residents, it is also the most populous city in both the state of Illinois and the Midwestern US. Chicago is considered one of the most important business centers in the world. The Chicago MSA, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the US. Chicago has often been called a global architecture capital. In 2016, Chicago hosted a record ±54 million domestic and international visitors, making it one of the most visited cities in the United States. Positioned along Lake Michigan, the city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. Located within Cook County, the Property is located within the Galewood/Armitage TIF district. The Galewood/Armitage TIF district was designated to support industrial, commercial and institutional investments within the Armitage Industrial Corridor and on adjacent blocks. Located within the Belmont-Cragin community, the 465-acre district is intended to foster the redevelopment or demolition of obsolete industrial buildings and to promote new business-related projects on vacant land. It is also designed to promote business-related infrastructure projects, including the rehabilitation of area viaducts and the removal of underutilized streets and alleys that could be redeveloped for job-generating development projects. The Property has approximately ± 975,991 individuals residing within a five-mile radius of the property and an average household income of ±$72,712. In 2017, the total specified consumer spending within a 5-mile radius of the Property accounts for ±$7,754,490,000. Additionally, within a 5-mile radius, there are ±30,948 businesses and ±291,392 employees.
This auction opportunity gives potential investors the ability to acquire this Property at significant discount with huge value-add opportunity through lease-up to operator or through redevelopment to maximize highest and best use. This property will be auctioned on Tuesday, November 14 - Thursday, November 16 . The price displayed is the starting bid amount of $250,000. For information and to register to bid on this property, please visit Ten-X.com.