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2330-2340 S Indiana Ave 74,988 SF 100% Leased Industrial Building Chicago, IL 60616 For Sale

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Investment Highlights

Potential for increased footprint with the conjunction of two adjacent public alleys and additional assemblage opportunities.
Rare Chicago Qualified Opportunity Zone Infill Offering.

Built-In Financial Incentives: Historic District, TIF, Transit-Oriented Development, Additional Private Capital Sources.

Executive Summary

o 5-story industrial loft building with single-story warehouse next to it
o 74,988 SF total building area
o 24,444 SF land size
o For Sale: Subject to Offer

2330-40 S. Indiana Ave.

Property Facts

Sale Type	Investment or Owner User	No. Stories	5
Property Type	Industrial	Year Built	1950
Property Subtype	Warehouse	Parking Ratio	0.09/1,000 SF
Building Class	C	No. Drive In / Grade-Level Doors	1
Lot Size	0.57 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	74,988 SF
Zoning	DS-5

Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	0.57 AC
Rentable Building Area	74,988 SF
No. Stories	5
Year Built	1950
Parking Ratio	0.09/1,000 SF
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	DS-5

Water - City
Sewer - City

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Walk Score®

Very Walkable (87)

Transit Score®

Excellent Transit (79)

Bike Score®

Very Bikeable (82)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

Property Taxes

Parcel Numbers	Multiple 17-27-110-022-0000 17-27-110-023-0000 17-27-110-024-0000 17-27-110-025-0000	Improvements Assessment	$260,660 CAD
Land Assessment	$249,441 CAD	Total Assessment	$510,102 CAD

Property Taxes

Parcel Numbers

Multiple

17-27-110-022-0000
17-27-110-023-0000
17-27-110-024-0000
17-27-110-025-0000

Land Assessment

$249,441 CAD

Improvements Assessment

$260,660 CAD

Total Assessment

$510,102 CAD

(312) 766-4281

Contacts

Frank Melchert
Simon Porras
Cawley Commercial Real Estate

Listing ID: 33510771
Date on Market: 2024-10-14
Last Updated:
Address: 2330-2340 S Indiana Ave, Chicago, IL 60616

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2330-2340 S Indiana Ave, Chicago, IL for sale Primary Photo- Image 1 of 5 — Building PHoto

2330-2340 S Indiana Ave, Chicago, IL for sale Building Photo- Image 2 of 5 — Building Photo

2330-2340 S Indiana Ave, Chicago, IL for sale Interior Photo- Image 3 of 5 — Interior Photo

2330-2340 S Indiana Ave, Chicago, IL for sale Interior Photo- Image 4 of 5 — Interior Photo

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