5245 W Diversey Avenue
Chicago, IL 60639

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Description

Presenting a unique opportunity to invest in a versatile industrial/flex space in the heart of Chicago. This 6,250 SF building, built in 1955, offers the flexibility of divisibility, making it adaptable to a variety of business needs. The property boasts 16' bow truss ceilings in excellent condition, creating an expansive and open environment for operations. Notably, the space includes access to a fully equipped woodshop, with woodshop equipment, tools, and supplies available for purchase, providing added value for potential buyers. With its prime location and exceptional features, this property is positioned to meet the diverse needs of industrial and flex space investors.

Features

• Property Type: Commercial
• Sub Type: Industrial
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60639
• Year Built: 1955
• Sq.Ft.: 6,250 sq ft
• Stories: 1
• Zoning: COMMR
• # Of Drive In Doors: 1
• Approximate Age: Older
• Building Area Total: 6250
• Built Before 1978 (Y/N): Yes
• Ceiling Hgt Max Ft: 16
• Ceiling Hgt Max In: 2
• Ceiling Hgt Min Ft: 12
• Construction Materials: Brick
• Cooling: Central Air, Office Only
• Directions: West on Diversey from Cicero Ave to property
• Electric: Power - 480V, Three Phase
• Expense Year: 2024
• Foundation Details: Concrete Perimeter
• Geographic Locale: Chicago Northwest
• Gross Income: 40680
• Gross Scheduled Income: 40680
• Heat/Ventilation: Ceiling Units
• Indoor Parking: 6-12 Spaces
• Information: 24-Hr Notice Required
• Known Encumbrances: None Known
• Leasable Area: 6250
• Lot Size Square Feet: 6250
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 500
• Operating Expense: 19815
• Property Offered: For Sale Only
• Roof: Membrane
• Roof Structure: Truss
• Tax Annual Amount: 11427
• Tax Year: 2023
• Total Annual Expense Source: Owner Projection
• Total Monthly Income: 3390
• Utilities: Electric to Site, Natural Gas Available