5000 Homan AveChicago, IL 60632

  • Industrial properties
  • 58,900 SF
For Lease
$144/SF/YR View listing

Property Details for 5000 Homan Ave

Year built
1993
Lot size
7.90 AC
Property size (Sq ft)
58,900 SF
Property type
Industrial properties
APN
19-11-202-012
APU
1911202012

Description

This exceptional 128,100-square-foot warehouse, located at 5000 S Homan Ave in Chicago, IL 60632, presents a significant opportunity. The property, built in 1993 and extensively renovated in 2024, features a single-tenant occupancy and boasts a desirable B-class designation. The building comprises 128,100 total square feet, with 20,000 square feet currently vacant, offering immediate expansion potential. The expansive 15.88 acres of land provide ample room for future development or expansion. The warehouse's impressive features include 30-foot high ceilings, ideal for efficient storage and maximizing space utilization. There are 17 loading docks and 17 dock-high doors, ensuring smooth and efficient loading and unloading operations. The property also offers 60 total parking spaces, including one drive-in bay, providing ample parking for employees and visitors. The building is equipped with elevators and a robust 480-volt power supply. The M-2 zoning allows for a variety of industrial uses. This strategically located warehouse in the Chicagoland submarket of Cook County offers easy access to major transportation routes and the city center. Recent renovations incorporated energy-efficient lighting and systems, resulting in reduced operational costs and a smaller environmental footprint. This property is an excellent investment opportunity for businesses seeking a modern, efficient, and well-located warehouse space.

5000 Homan Ave, Chicago, Illinois

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8033
Longitude
-87.7086
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$157,336
$137,649
$627,298
$764,947
-
$550,596
$2,509,192
$3,059,788

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