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5680 N Northwest Hwy 14,000 SF Industrial Building Chicago, IL 60646 $1,675,104 CAD ($119.65 CAD/SF) 7.51% Cap Rate
INVESTMENT HIGHLIGHTS
- In close proximity to O'Hare
EXECUTIVE SUMMARY
Perfect 1031 or armchair investment opportunity. Building is occupied by long term tenant, Chicago School of Woodworking for 10 years. They have been in business for almost 20 years and they just extended the lease until 2030. The roof was completely torn off and replaced in 2021 and a new heating system was installed in 2023.
14,000 sq.ft. single story Industrial Building includes 1,600 sf office. New shop windows, new interior paint, and A/C in office. 12' ceiling height, 800 amp/3 phase power. 1 interior recessed dock (12'w x 14'h) with levelator.
NOI $90,127.00
Blocks from I-90 and minutes from O'Hare International Airport.
14,000 sq.ft. single story Industrial Building includes 1,600 sf office. New shop windows, new interior paint, and A/C in office. 12' ceiling height, 800 amp/3 phase power. 1 interior recessed dock (12'w x 14'h) with levelator.
NOI $90,127.00
Blocks from I-90 and minutes from O'Hare International Airport.
PROPERTY FACTS
| Price | $1,675,104 CAD | Lot Size | 0.34 AC |
| Price Per SF | $119.65 CAD | Rentable Building Area | 14,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 7.51% | Year Built | 1951 |
| Sale Condition | 1031 Exchange | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 12’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 1 |
| Building Class | C | ||
| Zoning | M1-1, Chicago - M1-1, Chicago | ||
| Price | $1,675,104 CAD |
| Price Per SF | $119.65 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.51% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.34 AC |
| Rentable Building Area | 14,000 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Tenancy | Single |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 1 |
| Zoning | M1-1, Chicago - M1-1, Chicago |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating - Gas
1 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 13-05-327-024-0000 | Improvements Assessment | $217,151 CAD |
| Land Assessment | $76,538 CAD | Total Assessment | $293,688 CAD |
PROPERTY TAXES
Parcel Number
13-05-327-024-0000
Land Assessment
$76,538 CAD
Improvements Assessment
$217,151 CAD
Total Assessment
$293,688 CAD
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5680 N Northwest Hwy
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