4437-4447 W. Rice Street, Chicago, IL, 60651

4437-4447 W. Rice Street Chicago, IL 60651

4437-4447 W. Rice Street, Chicago, IL, 60651
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FOR SALE
Property Type:
Warehouse
Amount:
$1,150,000
Last Verified:
Apr 05, 2024

Highlights

  • Functional Manufacturing Facility
  • Zoning: PMD 9
  • Opportunity Zone
  • Enterprise Zone
  • Public Transportation: Chicago Ave. Bus Route
  • 37th Ward, Alderman Emma Mitts
  • Heavy Power

Description

Free-standing manufacturing warehouse property located with versatility and functionality in Chicago's Northwest Industrial Corridor – this industrial manufacturing building is a beacon of opportunity for a wide array of industrial uses. Situated in a prime location within this thriving economic hub, this facility offers the ideal canvas for businesses seeking a space that adapts seamlessly to their unique needs.

With its expansive layout and flexible floor plan, this building provides ample space for various manufacturing processes, warehousing, and many other industrial sectors.

Strategic location within the Northwest Industrial Corridor provides unrivaled access to major transportation arteries, including I-90 and I-290, facilitating seamless connectivity for shipping and distribution. Moreover, proximity to Chicago's central business district and major airports enhances accessibility for clients, partners, and suppliers alike.

Positioned within close proximity to major transportation routes and key amenities, the property offers convenient access to Chicago Avenue and major highways, enhancing its appeal for businesses seeking logistical efficiency.

The thriving Northwest Industrial corridor within the vibrant West Humboldt Park neighborhood! This dynamic industrial property offers unparalleled accessibility, strategically positioned just 10-15 minutes from both I-90 and I-290. With the pulse of the city just a 20-minute drive away, your business enjoys seamless connectivity to the bustling Chicago Central Business District.

Proximity to two major airports, facilitating effortless travel for clients, partners, and employees alike. Plus, with the recent construction of the state-of-the-art Chicago Police and Fire Academies' 600,000 Sq. Ft. facility nearby, your business benefits from the added security and prestige of sharing space with these essential community institutions.

This prime location isn't just about accessibility; it's about tapping into the energy of a neighborhood on the rise. West Humboldt Park's revitalization efforts are palpable, with a diverse mix of businesses and cultural amenities sprouting up around every corner. From artisanal eateries to innovative startups, this area is poised for growth – and your business can be at the forefront of this exciting transformation.


Year Built: 1942
Building Size: 21978sq ft
Lot Size: 0.35 acres


Documents

SVN - Brochure (L)

Map of 4437-4447 W. Rice Street, Chicago, IL, 60651

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.