Chicago warehouse2011final
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This document summarizes a warehouse property for sale in Bedford Park, Illinois. The 109,000 square foot warehouse was last appraised in 2008 for $2.1 million and can currently be purchased for $1,105,000. The property generates rental income from existing tenants and 35,000 additional square feet are available to immediately rent, providing positive cash flow. The warehouse has desirable features for industrial use such as high racking, enclosed docks, and rail access.
Chicago warehouse2011final
- 1. Chicago Warehouse Opportunity 6801 W. 66 th Place, Bedford Park
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- 6. Purchase Opportunity 109,000 sq.ft Warehouse-Bedford Park, Il. Last appraisal 2008 $2.1M (Bank) Current Sales avg. $25 per sq ft. Rental value $4.30 per sq ft. 35,000 to rent immediately Purchase price $1,105,000M Building has tenant cash flow High end value is $2.1M Conservative value is $1.2M
- 7. Building Highlights High Racking Large Staging Enclosed Docks Solid Construction Sprinklered Well Lit Area Flexibility Gated Truck Parking Alarm System Rail Access Midway Airport Prox.
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- 12. Current Tenants Est. Rents ‘11
- 13. Cost History
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