3431-3433 W. 48th Pl

For Sale$950,000

3431-3433 W. 48th Place, Chicago, IL 60632

  • Industrial
  • Manufacturing

3431-3433 W. 48th Pl, Chicago, IL 60632 - Industrial Space

3431-3433 W. 48th Pl is located at 3431-3433 W. 48th Place in the Brighton Park neighborhood, IL, Chicago, 60632. The Industrial building was completed in 1940 and features a total of 41,257 Sqft.

There are 2 industrial spaces for lease in the Brighton Park neighborhood, totaling 205,888 Sqft of available industrial space. The industrial space availability for the 60632 zip code is 402,864 Sqft, in 8 industrial spaces. The average asking industrial rent per sq. ft. in Brighton Park is $5.5/sqft/year. For Class B industrial buildings the average industrial rate is $6/sqft/year.

In Brighton Park, there are 11 class B industrial buildings, there are 6 class C industrial buildings. At zip code level, there are 69 commercial properties, of which 64 are industrial buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $950,000
  • City Chicago
  • Neighborhood Brighton Park
  • Zip Code 60632
  • Market Chicago
  • Property Type Industrial - Manufacturing
  • Property Size 41,257 Sqft
  • Lot Size 31,512 Acre
  • Property Tenancy Single Tenant
  • Year Built 1940
  • Date Updated 03 Dec, 2020
  • Clear Height 1' - 1'4''
  • Dock Doors 1

Description

Two blocks to 47th Street, Kedzie Ave and Archer Ave.

Highlights

  • Building Type: Industrial
  • Age: Part 80 and part 58 years old. The weighted average age of the property is 75 years
  • Size: 41,257 square feet
  • Stories: One and partial two
  • Basement: Yes
  • Foundation: Concrete spread footings
  • Exterior Walls: Solid brick
  • Roof Structure: Wood deck over part wood joist and part steel bar joists
  • Roof Cover: Built up smooth
  • Ceiling Height: 12’ to 16’ clear in warehouse
  • Plumbing: Adequate washroom facilities in the warehouse and office areas.
  • Lighting: Fluorescent, mercury vapor and LED fixtures
  • Electricity: 1,500 Amp, two, 800 amp and one 400 amp services
  • HVAC: Hot water heat with radiators and central air conditioning in office area. Suspended unit heaters in warehouse
  • Misc Improvements: None
  • Zoning: M2-3
  • PINS: 19-11-200-052-0000 & 19-11-200-056-0000

FREQUENTLY ASKED QUESTIONS

What is the lease rate for 3431-3433 W. 48th Pl?

Rental asking rate at 3431-3433 W. 48th Pl is Subject To Offer per square foot.

What is the total square footage of 3431-3433 W. 48th Pl?

3431-3433 W. 48th Pl totals 41,257 square feet.

When was this property built?

3431-3433 W. 48th Pl was built in 1940.

Brighton Park Demographics

The average household income in zip code 60632 is $56,684, from a total of 24,918 households. In terms of employment, there are 60.14 % white-collar and 39.86 % blue-collar jobs in zip code 60632.

Population

  • Total Population91,039
  • Male Population(50.9 %) 46,372
  • Female Population(49.1 %) 44,667
  • Median Age30.90

Income/Financial

  • Average Household Income$56,684
  • Median Household Income$42,758
  • Median Income Under 25$29,083
  • Median Income 25-44$39,501
  • Median Income 45-64$58,303
  • Median Income Over 65$29,292

Commercial Broker Register now to add listings

Chris Rogala

Office Space Chicago, Inc.

(312) 757-4800

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