Active · For Sale · Industrial

313 W Chestnut Street, Chicago, IL 60610

MLS #12674460

313 W Chestnut Street, Chicago, IL 60610CRER

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313 W Chestnut Street, Chicago, IL 60610

The property

Executive summary

The subject property is located at 313 West Chestnut Street, Chicago, IL 60610 (the "Property"). This is a flex industrial building - re-development opportunity. This is an urban industrial building located in Chicago's dense River North/Oldtown neighborhood. Featuring a 2-story building, 13,750 SF GLA, and 5,660 SF site. The subject property is zoned M1-3, 1000 to 1500 volts of power, 20' ceiling-first floor, rubber roof, two internal parking spaces, and is situated in a mixed commercial and residential city setting.

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Financial Snapshot

Annual Taxes: $48,249 (2024)

Property Details

Units: 1
Building Size: 13,750 SF
Lot Size: 5,660 SF
Lot Acreage: 0.13
Lot Dimensions: 51.81X109.26
Stories: 2
Year Built: 1871
Building Age: Older
Construction: Brick, Stone
Roof: Flat, Prestressed Concrete, Rubber
Zoning: MANUF
Parcel Number: 17045000628002

Operations & Utilities

Heating: Central Bldg Heat
Cooling: Central Air
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat
Electric: Heavy Power 1200+ Amps
Water Source: Municipal Water
Utilities: Electric to Site, Natural Gas Available, Sewer Connected
Possession: Closing

Location & Use

County: Cook
Market Area: Chicago - Near North Side
Present Use: Commercial
Potential Use: Commercial, Industrial, Sin
Location: Central Business District, Mixed Use Area, Public Transport Avail
Frontage: City Street

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.