The property
Executive summary
615 S. California Ave. is a functional 27,000 SF industrial facility situated on 0.84 acres with direct access to the I290 California Avenue interchange. The property offers a large land footprint, secure parking, and strong transportation connectivity to the West Loop, CBD, and Illinois Medical District. Approximately 15,000 SF can be available for an owner/user, while the remaining space provides stable occupancy and future repositioning potential. Existing improvements include separate utilities, well maintained roof and a 5-ton crane, supporting a wide range of industrial uses. The property is priced well below replacement cost and below recent industrial trades in the surrounding area. This creates a compelling opportunity for investors and users seeking value, long term appreciation, and multiple strategic paths for the asset.