3693-3705 W Grand Ave 20,000 SF Industrial Building Chicago, IL 60651 $3,745,494 CAD ($187.27 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Endless possibilities for business owners, investors, creatives, or entrepreneurs
  • Generous square footage, versatile layout, and proximity to major roadways
  • Prime location in a high-traffic neighborhood
  • Perfect for retail, office, or mixed-use purposes

EXECUTIVE SUMMARY

Welcome to 3705 W Grand Avenue, a fantastic social media influencer commercial property located in the heart of Chicago's vibrant 60651 area. This spacious building offers endless possibilities for business owners, investors, creatives, or entrepreneurs seeking a prime location in a high-traffic neighborhood. With its generous square footage, versatile layout and proximity to major roadways, this property is perfect for retail, office, or mixed-use purposes. The surrounding community is bustling with growth and development, providing excellent exposure and potential for any business venture. This is the ultimate opportunity to own a Unique Facility in Humboldt Park! Discover an exceptional 20,000 sq. ft. warehouse space spread over two levels, complete with enclosed parking and an additional fenced parking lot parcel. This facility is a versatile gem perfect for various uses! The Ground Level Warehouse is 10,000 sq. ft. with a clear height of 18' with a bow truss ceiling and features overhead door for easy access, covered loading area and 600 amps of power ideal for heavy equipment. The Ground Level Event Space is 5,000 sq. ft. and features a spacious L-shaped bar, Comfortable lounge areas a DJ platform for entertainment, climbing wall and boxing ring for active events, Locker room featuring a sauna and shower and Pool table area for leisure. The Second Floor is 5,000 sq. ft. and features the following Amenities: Bedrooms for overnight stays or staff, Kitchen areas for meal preparation, Bathroom facilities, Separate lounge space for relaxation. With its extensive space and diverse features, this one-of-a-kind facility is perfect for events, gatherings, and more. You can also potentially lease the warehouse space for additional income. Don't miss the opportunity to make it your own!

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $44,047 $2.20
Operating Expenses - -
Total Expenses $44,047 $2.20

PROPERTY FACTS

Price $3,745,494 CAD
Price Per SF $187.27 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Showroom
  • Industrial Manufacturing
Building Class B
Lot Size 0.50 AC
Rentable Building Area 20,000 SF
No. Stories 1
Year Built 1975
Parking Ratio 1/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 1

AMENITIES

  • Atrium
  • Bus Line
  • Fenced Lot
  • Security System
  • Accent Lighting
  • Storage Space
  • Common Parts WC Facilities

UTILITIES

  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (75)

PROPERTY TAXES

ZONING

Zoning Code C2-1, Chicago (This zoning allows a variety of businesses, including: auto shops, liquor stores, warehouses, and shopping centers.)
  • Listing ID: 33362004

  • Date on Market: 2024-10-01

  • Last Updated:

  • Address: 3693-3705 W Grand Ave, Chicago, IL 60651