$4,750,000
924-928 W 38th Place
Chicago, IL, 60609
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!
Property Details
Price:
$4,750,000
MLS #:
MRD11937980
Status:
Active
Beds:
0
Baths:
0
Address:
924-928 W 38th Place
Type:
Commercial
City:
Chicago
Listed Date:
Nov 28, 2023
State:
IL
Finished Sq Ft:
46,000
ZIP:
60609
Year Built:
1935
Schools
Interior
Cooling
Central Air
Exterior
Financial
Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT.Net Sale Price
Tax Year
2022
Taxes
$96,002
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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924-928 W 38th Place
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