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Development opportunity 3260 W Grand Ave 62,000 sq ft Industrial Property Chicago, IL 60651 £2,593,255 (£41.83/sq ft)

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INVESTMENT HIGHLIGHTS

  • The property offers great flexibility as an Adaptive Reuse/Redevelopment project
  • Unique opportunity to purchase in the Humboldt Park neighborhood
  • Location offers a variety of federal, state and city programs to building owners, including eligibility for Transit-Oriented Development

EXECUTIVE SUMMARY

3260 W. Grand Ave. offers a unique opportunity to purchase in the Humboldt Park neighborhood in Chicago. This 2-story building has 62,000 square feet, 31,000 square feet on both levels, made of masonry, timber and steel construction, with concrete and hard-wood flooring. There are two freight elevators, a 4,000 lb., and a 2,000 lb., which is for
material handling only. Currently zoned both RS-3 (north section) and C1-2 (south section), situated in a neighborhood with precedent for zoning change, this property offers great flexibility as an Adaptive Reuse/Redevelopment project. 3260 W. Grand Ave. is located in an area that offers a variety of federal, state and city programs to building owners, including eligibility for Transit-Oriented Development.

PROPERTY FACTS

Price £2,593,255
Price per sq ft £41.83
Sale Type Investment or Owner Occupier
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution Warehouse
  • Office - Studio / Creative Space
  • Industrial - Service
Costar Property Class C
Total Plot Size 0.83 ac
Net Internal Area (NIA) 62,000 sq ft
No. Floors 2
Year Built 1961
Tenancy Single
Eaves Height 20 ft
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 3
Use Class C1-2 - RS-3 (north section) and C1-2 (south section)

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score®
Easily Walkable (80)
Bike Score®
Good for cycling (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-02-414-001-0000
Land Assessment
£14,733
Improvements Assessment
£88,643
Total Assessment
£103,376
  • Listing ID: 34440606

  • Date on Market: 10/01/2025

  • Last Updated:

  • Address: 3260 W Grand Ave, Chicago, IL 60651

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