Active

924-928 W 38th Place

Chicago IL, 60609

$4,750,000


$103.26 per sqft

Active

46,000 sqft

Commercial

Built in 1935

Courtesy of Strauss Realty Ltd

Investment Opportunity | Part 1-story and 3-story industrial/office/flex building complex for sale. Buildings Total 46,000 SF. Newly renovated in 2017 with exposed brick, air ducts, and large windows. Mixed studio and office spaces house a variety of creative tenants. 2 Drive-In doors cater to the larger tenant spaces at the front. Spaces can be leased for warehouse, industrial, office or retail use. Current tenants include HVAC, Photography, Beauty & Wellness. Potential to add value through leasing of parking spaces. There is a 5% escalation clause for tenant rental agreements. 924 38th Pl has two vacant units. 928 38th Pl has 5 total vacancies in the newly constructed basement level (Floors 1 and 2 have 0 vacancies). Don't miss this great opportunity just a mile from Chicago White Sox Field!

11937980

MLS ID

November 28, 2023

Listed

March 28, 2024

Updated

Map

924-928 W 38th Place
Chicago IL, 60609

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Other Property Details

Area Name

CHI - Bridgeport


Taxes

$96,002


Tax Frequency

Annually


Days on Market

8


Garage

No


View

No


County

Cook


Pool

No


Zoning

INDUS

Courtesy of Strauss Realty Ltd, Adam Schneiderman,
Listing Contact: 773-736-3600 

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©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:37 AM UTC, 3/28/2024

 

 

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