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5515 N Northwest Hwy
Chicago, IL 60630
Industrial Property For Sale

Investment Highlights

  • Minutes from I-90 and close proximity to I-94 and O'Hare International Airport
  • High profile signalized hard corner intersection (Northwest Hwy & Austin Avenue)
  • Parking - ten cars - expandable plus street parking
  • Industrial space with 2 drive-in bays and 1 drive-in door
  • Prominent location with frontage (239 Feet) along Northwest Hwy
  • Urban infill location with proximity to multiple public transit options including Jefferson Park Blue Line, Metra, & Bus Stops

Executive Summary

The JonBerg Group of Baird & Warner Real Estate, INC has been exclusively engaged to solicit offers to purchase the fee simple interest of the subject property located at 5515 North Northwest Hwy., Chicago, IL 60630 (the "Property"). This is an urban industrial warehouse/distribution building located in Chicago’s dense and "transit hub" Jefferson Park neighborhood. The subject property is zoned M1-1 and situated in a mixed commercial and residential city setting. Featuring a 1-story building, ±17,900 SF GLA on ±28,878 SF lot with 2 Exterior loading docks located on Northwest Hwy., and 1 drive-in door. *** Property boasts ±239’ of frontage on Northwest Hwy with the traffic counts exceeding 10,389 VPD! Ideal for distribution, logistics, manufacturing, industrial/commercial indoor storage, and warehousing. The latest neighborhood investments: such as new construction, condos, rentals, restaurants, nightlife, and supermarkets have steadily brought in new homeowners and tenants to this thrilling neighborhood of Chicago. The property presents the unique opportunity to acquire a stand-alone industrial building in Jefferson Park District.

Property Facts

Sale Type Investment
Property Type Industrial
Property Subtype
Distribution
  • Industrial Refrigeration ColdStorage
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 0.64 AC
Rentable Building Area 17,900 SF
No. Stories 1
Year Built 1962
Tenancy Single
Parking Ratio 0.84/1,000 SF
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1
Zoning M1-1, Chicago - M1-1 (Limited Manufacturing/Business Park District - Light manufacturing, warehouses, and wholesalers)

Amenities

  • Air Conditioning

Utilities

  • Water - City Water
  • Sewer - City Sewer
  • Heating - Gas

Property Taxes

Property Taxes

Parcel Number
13-08-107-050-0000
Land Assessment
$138,330 CAD
Improvements Assessment
$231,916 CAD
Total Assessment
$370,245 CAD
  • Listing ID: 34821428

  • Date on Market: 2025-02-13

  • Last Updated:

  • Address: 5515 N Northwest Hwy, Chicago, IL 60630

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