5301-5323 S Western Ave

5301-5323 S Western Ave, Chicago, IL 60609

  • For Sale $13,090,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 308,000 SF
  • Units 2
  • Lot Size 8.32 Acre
  • Year Built 1933
  • Date Updated Apr 11, 2024
  • HVAC None
Located in the heart of Chicago, our property offers easy access to a multitude of industrial and distribution opportunities. The area is surrounded by an extensive network of transportation and logistics options, making it an ideal choice for investors and tenants looking to streamline their operations. Nearby points of interest include the Chicago International Port, providing access to Great Lakes and global shipping routes, as well as the Union Stock Yard Gate, a historic landmark showcasing the area's rich industrial heritage. With its strategic location and proximity to key industrial infrastructure, the property presents an unmatched opportunity for those seeking a prime location in the Chicago industrial landscape.Perfectly positioned in Chicago, this impressive industrial property spans 308,000 square feet across two units, providing ample space for a wide range of industrial, warehouse, and distribution endeavors. Built in 1933, the property boasts a rich history and enduring structural integrity. Zoned M-2, it offers flexibility and potential for various industrial uses. Situated on 8.32 acres of land, the property includes over 100 parking spaces, ensuring convenience for employees and visitors. With Alderman Raymond A. Lopez overseeing the area, the property benefits from strong local leadership. Additionally, the attractive real estate taxes and in-place gross income of $853,000 per year further enhance the appeal of this exceptional investment opportunity, available for sale at $13,090,000.2 Units Available For Lease at 5301-5323 S. Western Ave. in Chicago.

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Attachments

Highlights

  • Total Building Area: 308,000 Sq. Ft.
  • Total Land Area: 8.32 Acres
  • Zoning: M2
  • Parking: 100+ Spots
  • Alderman: Raymond A. Lopez, 15TH Ward
  • Real Estate Taxes: $1.31 PSF
  • In-Place Gross Income:
  • $71,083 per Month / $853,000 per Year
  • Sale Price: $13,090,000 ($42.50 PSF)

Contacts

broker

Frank H. Melchert V

Cawley Chicago

(312) 766-4281

Location

Getting Around

  • Walk Score ®

    52/100 Somewhat Walkable
  • Transit Score ®

    61/100 Good Transit
  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Gage Park
  • Zip Code 60609
  • Market Chicago

Points of Interest

  • Western

    0.54 miles

  • Kedzie

    1.28 miles

  • Ashland/63rd

    1.55 miles

  • 35th/Archer

    2.23 miles

  • Pulaski

    2.24 miles

  • Halsted

    2.28 miles

  • Garfield

    2.59 miles

  • 47th

    2.75 miles

  • 63rd

    2.83 miles

  • Midway

    3.02 miles

  • GoLo

    0.16 miles

  • Marathon

    0.18 miles

  • Clark

    0.34 miles

  • Citgo

    0.41 miles

  • BP

    0.41 miles

  • Clark

    0.44 miles

  • Citgo

    0.61 miles

  • Marathon

    0.70 miles

  • Amstar

    0.77 miles

  • BP

    0.79 miles

  • Western Park & Ride

    0.53 miles

  • Kedzie Park & Ride

    1.37 miles

  • Ashland/63rd Park & Ride

    1.61 miles

  • 35th/Archer Park & Ride

    2.26 miles

  • Pulaski Park & Ride

    2.34 miles

  • Trailer Parking

    2.60 miles

  • Lot L

    3.03 miles

  • Limo Staging Area

    3.04 miles

  • Midway Airport Parking Garage

    3.09 miles

  • Taxi Staging Area

    3.10 miles

  • Subway

    0.67 miles

  • Carnitas Uruapan Restaurant

    0.73 miles

  • KFC

    0.74 miles

  • Birrieria y Taqueria El Arandas

    0.82 miles

  • Pizza Hut

    0.84 miles

  • Checkers

    0.85 miles

  • Burger King

    0.85 miles

  • Taco Bell

    0.89 miles

  • Dunkin'

    0.91 miles

  • Subway

    0.91 miles

  • ALDI

    0.93 miles

  • Forman Mills

    0.95 miles

  • Burlington

    1.00 miles

  • Supermercado El Gurero

    1.04 miles

  • ALDI

    1.27 miles

  • Pete's Fresh Market

    1.29 miles

  • TJ Maxx

    1.31 miles

  • ALDI

    1.33 miles

  • Rent-A-Center

    1.35 miles

  • Marshalls

    1.38 miles

  • Chicago Fire Department Engine Company 123

    0.26 miles

  • Walgreens

    0.75 miles

  • ACCESS Ashland Family Health Center

    0.89 miles

  • DaVita Dialysis

    0.95 miles

  • Esperanza Brighton Park

    1.01 miles

  • FFHC-Ashland

    1.05 miles

  • Walgreens

    1.13 miles

  • Walgreens

    1.15 miles

  • Chicago Fire Department Engine Company 116

    1.22 miles

  • University of Illinois - Mile Square Health Center at Back of The Yards

    1.31 miles

Frequently Asked Questions

What is the lease rate for 5301-5323 S Western Ave?

Rental asking rate at 5301-5323 S Western Ave is $6,545,000.00/YR.

What is the total square footage of 5301-5323 S Western Ave?

5301-5323 S Western Ave totals 308,000 square feet.

When was this property built?

5301-5323 S Western Ave was built in 1933.

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Contact Listing Broker

broker

Frank H. Melchert V

Cawley Chicago

(312) 766-4281