2310 Indiana AveChicago, IL 60616

  • Industrial properties
  • 0.09 AC
For Sale

Property Details for 2310 Indiana Ave

Year built
1981
Lot size
0.09 AC
Property type
Industrial properties
APN
17-27-110-016
APU
1727110016

Description

This exceptional 5-property portfolio in Chicago's vibrant South Loop encompasses approximately 282,720 square feet of existing buildable space, with potential expansion to approximately 460,000 square feet. Strategically located near McCormick Place, this vacant property sits on 1.3 contiguous acres and benefits from a DS-5 zoning designation. The property's location within a Chicago Qualified Opportunity Zone offers significant financial incentives, including Tax Increment Financing (TIF) advantages and Transit-Oriented Development perks. Its designation within a Historic District provides additional benefits. The site presents a unique opportunity for expansion by incorporating two adjacent public alleys, further enhancing its development potential. The assemblage opportunity, combined with the existing buildings, creates a compelling investment prospect with substantial upside. The property's APN is 17.27.110.016-025.0000, and the address is 2310-2340 S. Indiana Avenue, Chicago, IL 60616. This is a rare infill opportunity in a high-demand location with built-in financial incentives and significant expansion potential.

2310 Indiana Ave, Chicago, Illinois

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8507
Longitude
-87.6227
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
$3,083
$14,921
$21
$14,942
-
$59,684
$84
$59,768

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