5535 Wolcott AveChicago, IL 60640

Property Details for 5535 Wolcott Ave

Year built

1929

Lot size

0.95 AC

Property size (Sq ft)

32,600 SF

Property type

Industrial properties

APN

14-07-201-002

APU

1407201002

Description

This exceptional 36,480-square-foot industrial property, located at 5535 N Wolcott Ave in Chicago, IL (zip code 60640), offers a unique opportunity for businesses seeking a versatile space. The building features a combination of distribution and manufacturing capabilities, boasting 32,780 square feet on the ground floor and an additional 3,700 square feet on the second floor. Loading is facilitated by two interior recessed docks, one exterior short dock, and a drive-in door. Ceiling heights range from 12 to 16 feet, providing ample vertical space. The property includes 15 parking spaces and a wet sprinkler system, recently upgraded with a new pump. The building is zoned M2-Light Industrial District and benefits from a desirable location within the Ravenswood Industrial Corridor, known for its low vacancy rates. The property also features a 5-ton bridge crane and a newer roof, making it an attractive blank slate for a wide variety of industrial uses. The 2022 real estate taxes, paid in 2023, totaled $122,501 ($3.36 per square foot), and the property's PIN is 14-07-201-002-0000. The sale price is subject to offer. This property presents a compelling investment opportunity in a prime Chicago location.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9826

Longitude

-87.676

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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