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8452-8456 S Lafayette Ave 18,200 SF Industrial Building Chicago, IL 60620 $3,489,800 CAD ($191.75 CAD/SF)
INVESTMENT HIGHLIGHTS
- Rare expressway-fronting industrial site in Chatham
- Positioned between CTA Red Line and Metra stations
- Immediate access to Interstate 94 and key city arteries
- Three drive-in doors and surface parking on 2.5 acres
- Billboard generates $12,500 in annual passive income
- Surrounded by retail, schools, and city infrastructure
EXECUTIVE SUMMARY
The site is in the Chatham community with frontage on the Dan Ryan Expressway. Industrial opportunities with expressway frontage are rare. With a population of 31,710, the community has a median household income at $33,000. The site is located between the CTA Red Line station and the Gresham Metral Rock Island station, both at 87th Street.
PROPERTY FACTS
| Price | $3,489,800 CAD | Rentable Building Area | 18,200 SF |
| Price Per SF | $191.75 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1950 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 2.50 AC | ||
| Zoning | M2-2 | ||
| Price | $3,489,800 CAD |
| Price Per SF | $191.75 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.50 AC |
| Rentable Building Area | 18,200 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 1/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M2-2 |
AMENITIES
- Signage
- Yard
1 1
Walk Score®
Very Walkable (75)
Transit Score®
Excellent Transit (70)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $373,066 CAD | |
| Land Assessment | $230,331 CAD | Total Assessment | $603,397 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$230,331 CAD
Improvements Assessment
$373,066 CAD
Total Assessment
$603,397 CAD
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8452-8456 S Lafayette Ave
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