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1515 W Hubbard St 7,772 SF Industrial Building Chicago, IL 60642 For Sale
Investment Highlights
- Situated within the infill and densely populated City North submarket of Chicago in the Kinzie Corridor
- Fully improved parking lot with underground volume control and storm water retention
- Fully renovated buildings with HVAC throughout
- 100% leased to two tenants
Executive Summary
404 N Armour and 1515 W Hubbard is a 46,040 SF multi-building site on 1.77 acres. Situated within the infill and densely populated City North submarket of Chicago in the Kinzie Corridor, the Property is 100% leased to two tenants with a WALT of 3.09 years remaining. This investment provides the opportunity to access a high barrier to entry marketplace with an infill location that holds mission-critical benefits to a diverse tenant base.
Fully renovated in 2017, with renovations including roof, lighting, electric, HVAC, heat, drive in doors, tuck pointing/masonry. Fully improved parking lot with underground volume control and storm water retention.
Fully renovated in 2017, with renovations including roof, lighting, electric, HVAC, heat, drive in doors, tuck pointing/masonry. Fully improved parking lot with underground volume control and storm water retention.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1940/2017 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.17 AC | Cross Streets | N Ashland Ave. |
| Rentable Building Area | 7,772 SF | ||
| Zoning | PMD 4 | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.17 AC |
| Rentable Building Area | 7,772 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1940/2017 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 2 |
| Cross Streets | N Ashland Ave. |
| Zoning | PMD 4 |
Exceptionally walkable
90/100
Fairly drivable
50/100
Exceptional public transit
90/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 17-08-135-018-0000 | Improvements Assessment | $265,549 CAD |
| Land Assessment | $76,897 CAD | Total Assessment | $342,446 CAD |
Property Taxes
Parcel Number
17-08-135-018-0000
Land Assessment
$76,897 CAD
Improvements Assessment
$265,549 CAD
Total Assessment
$342,446 CAD
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1515 W Hubbard St
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