Chicago Food Production Facility

1325 W 15th St Chicago, IL 60608

1325 W 15th St, Chicago, IL, 60608
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FOR SALE
Property Type:
Industrial
Amount:
$6,500,000
Last Verified:
Dec 12, 2024

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Highlights

  • Three coolers totaling 5,200 SF
  • Finished 9,513 SF second-floor office space
  • Eight Interior Docks with 6 levelers. Enclosed by 4 exterior double-wide doors
  • Freight elevator with 4,800-pound capacity
  • Clear height of 14' to 16' on main level
  • Clear height of 13 on second floor
  • Approx. 9,000 SF surface parking, enclosed with fence for 20 cars
  • High electrical of 800 Amp main panel (3-phase, 4-wire). Can be expanded to 1,200 Amps
  • Employee locker room and lunch room

Description

Introducing a fantastic opportunity for Food Production businesses. This 53,179 SF building offers ample space for storage and operations, ideal for businesses in need of cold storage facilities. Built in 1951 and thoughtfully renovated in 1982, this property is equipped to meet modern industry standards. Zoned M2-2 Light Industry District and strategically positioned in the heart of Chicago, it provides convenient access to key transportation routes. Don't miss out on this well-maintained, versatile property with the potential to elevate your business operations to new heights.

Discover Chicago's thriving food production industry at this prime location situated in the heart of the city. The area offers easy access to major transportation routes, including Interstates 90 and 94, ideal for the distribution of refrigerated goods. Nearby, the historic Chicago Stockyards served as a hub for the meatpacking industry and continue to influence the area's industrial landscape. Proximity to the renowned Chicago International Produce Market and Fulton Market District provides access to a network of suppliers and distributors. With its rich history and strategic positioning, the area presents a compelling opportunity for Food Production businesses.


Year Built: 1951
Building Size: 53179sq ft
Lot Size: 1.12 acres


Documents

SVN - Brochure (L)

Map of 1325 W 15th St, Chicago, IL, 60608

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.