4343 Ohio StChicago, IL 60624

Property Details for 4343 Ohio St

Year built

1901

Lot size

7.69 AC

Property size (Sq ft)

158,800 SF

Property type

Industrial properties

APN

16-10-201-006

APU

1610201006

Description

This exceptional 168,000-square-foot industrial facility presents a unique investment opportunity in Chicago's Northwest Industrial Park. Situated on a 7.69-acre lot, this single-story building boasts a range of features ideal for distribution, manufacturing, or warehousing operations. The property includes three exterior loading docks and sixteen drive-in doors, ensuring efficient material handling. Ceiling heights vary from 16 to 40 feet, accommodating diverse operational needs. The facility is equipped with six overhead bridge cranes, including three 5-ton, two 30-ton twin tandem, and one 250-ton crane, providing substantial lifting capacity. Power is substantial, featuring 7,500 amps of 3-phase power with a rectifier for AC-DC conversion. An active interior rail spur offers direct rail access, streamlining transportation logistics. The property also features a dry sprinkler system. Zoned PMD-9 (Planned Manufacturing District), the zoning allows for outdoor storage and ample non-accessory parking. Low real estate taxes of $74,403 (2023, paid in 2024) translate to a low cost per square foot of $0.44. This drive-through facility is strategically located within a limited number of urban core industrial parks in Chicago, providing excellent access to a skilled workforce. The sale price is subject to offer.

• Alternative Use

  Use

  Valuation

  Residential

  $54,714,244

  Hospitality

  $50,117,952

  Educational

  $41,697,548

  Medical

  $43,131,592

  Retail

  $64,862,856

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8909

Longitude

-87.7343

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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