4421 Grenshaw StChicago, IL 60624
- Industrial properties
- 3,300 SF
Property Details for 4421 Grenshaw St
- Year built
- 1965
- Lot size
- 0.07 AC
- Property size (Sq ft)
- 3,300 SF
- Property type
- Industrial properties
- APN
- 16-15-329-014
- APU
- 1615329014
Description
This exceptional Chicago industrial property, located at 4421 W Grenshaw St, offers a compelling investment opportunity. Priced at $1,000,000, this 14,100 square foot warehouse sits on a substantial 21,875 square foot lot, equivalent to approximately seven standard Chicago lots. Currently configured for automotive repair, with ample space for vehicle storage, the property presents significant potential for continued use in this sector or complete redevelopment. The property comprises two buildings and several vacant lots, all situated within the INDUS-zoned area. Its strategic location near the Roosevelt & Kostner corridor provides easy access to Interstate 290, enhancing its logistical appeal. The property is being offered "as is," allowing for maximum flexibility in future plans. Given its size and zoning, numerous business ventures are feasible. The area is experiencing planned commercial development, making this a timely investment in a growing sector. This is a rare chance to acquire a large-scale industrial property in a prime Chicago location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,137,009
- Hospitality
- $1,041,494
- Educational
- $866,511
- Medical
- $896,311
- Retail
- $1,347,906
Location Insight
- City
- Chicago
- County
- Cook
- State
- Illinois
- Latitude
- 41.8667
- Longitude
- -87.7359
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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