$2,700,000
$2,700,000
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40,000 SqFt
SOLD DATE : 02/01/2022
Key Details
Sold Price $2,700,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 40,000 sqft
Price per Sqft $67
MLS Listing ID 11173764
Sold Date 02/01/22
Year Built 1970
Annual Tax Amount $47,040
Tax Year 2019
Lot Size 1.630 Acres
Lot Dimensions 0X0
Property Sub-Type Industrial
Property Description
Brookline Real Estate, LLC. is proud to present the rare opportunity to acquire an industrial property positioned in a strong transit oriented location on Chicago's southwest side. 6200 S Oak Park Avenue is 100% leased to Chicago companies Golden Mattress Plus and Basha Wholesale. The 40,000 square foot property is located near 63rd Street and Harlem Avenue, 5 minutes from Midway Airport and 7 minutes from I-55 access. The well-kept building features 6 loading docks and 5 drive-in-doors for unrestricted shipments and access to the warehouses. 20' ceilings allow for the distribution tenants to operate vertically in order to store and move their inventory at a high volume. The property also features newly-remodeled office space and abundant parking. This asset is being offered at a 8.32% CAP rate with tremendous cash flow and continued growth.
Location
State IL
County Cook
Area Chi - Clearing
Zoning INDUS
Interior
Cooling Partial
Fireplace N
Building
Level or Stories 1
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Bought with Tanni Wong • Lakeside Properties Group, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "