paine wetzel's available chicagoland trucking properties
TRANSCRIPT
TERRY LYNCHVice President, [email protected]
EDWARD WABICKPrincipal, [email protected]
MARC HALEAssociate, [email protected]
For more information, contact:
Current Available Sites
CHICAGOLAND TRUCKING PROPERTY PORTFOLIO
Terry Lynch • 773.714.2142 • [email protected] Wabick • 773.714.2141 • [email protected] Hale • 773.714.2119 • [email protected] information contained herein is from sources deemed reliable and is submitted subject toerrors, omissions and to change of price or terms without notice.
PROPERTY HIGHLIGHTPROPERTY HIGHLIGHTSS• 69,490 SF crane and rail served building
• Large land site
• Office and support areas
• Large truck & rail car scales in place and operational
• Fully fenced, secured and lighted site
• 60' open bay in building
• Zoned H-1 for heavy industrial
• Sprinkler - dry system
• Close to I-55 and I-294 Interchanges
• Ideal for steel industry, warehousing, and truck & trailerrepair/parking
OFFERING SUMMAROFFERING SUMMARYY
Building SizBuilding Sizee 69,490 SF
LLot Sizot Sizee 6.56 acres
CCeiling Heighteiling Height 31 ftclear height
PPoowwerer 1,200 Amps/240 Volt
LLoadingoading 7 DIDs5 Ext. Docks
with Levelers
RailRail Yes - BeltRailroad
Sale PricSale Pricee $3,250,000
BEDFORD PARK, IL 60638
F O R S A L E
6660 S NASHVILLE AVENUE
Terry Lynch • 773.714.2142 • [email protected] Wabick • 773.714.2141 • [email protected] Hale • 773.714.2119 • [email protected] information contained herein is from sources deemed reliable and is submitted subject toerrors, omissions and to change of price or terms without notice.
PROPERTY HIGHLIGHTPROPERTY HIGHLIGHTSS• Ideal for truck and trailer repair
• Significant outside storage
• 3 miles from I-55
• Heavy zoning
• 30,000 SF building new construction
• Multi-tenant building
• Floor drains with catch basin
• Fuel oil heat
• Operational truck scale
• Oversized drive-in doors
• Seller may consider partial leaseback
• Additional (±) 1 acre could be assembled
OFFERING SUMMAROFFERING SUMMARYY
TTwwo Buildingso BuildingsTTotalotal
37,200 SF
Sale PricSale Pricee $3,000,000
LLot Sizot Sizee 4.15 acres
CCeiling Heighteiling Height 18'-20'
LLoadingoading 6 DIDs4 DIDs
PPoowwerer 800 Amps480 Volts
RE TRE Taxaxeses $2.73 PSF
Chicago, IL
F O R S A L E
5901 W 66TH STREET
Terry Lynch • 773.714.2142 • [email protected] Wabick • 773.714.2141 • [email protected] Hale • 773.714.2119 • [email protected] information contained herein is from sources deemed reliable and is submitted subject toerrors, omissions and to change of price or terms without notice.
PROPERTY HIGHLIGHTPROPERTY HIGHLIGHTSS• Excellent In-City Location, 4 miles SW of the Loop
• Close proximity to I-55 and I-94 Interchanges
• Located next to the Stockyards
• Close to public transportation
• Strong labor market
• Power and utilities on site
• Site improvements include-3,200 SF truck-repair building with 3 DID & 20' ceilings-1,900 SF office building with washrooms & breakroom
OFFERING SUMMAROFFERING SUMMARYY
LLot Sizot Sizee 3.39 acres
ZZonedoned PMD 8
Sale PricSale Pricee $2,800,000
RE TRE Taxaxeses $36,080 (2015)
Chicago, IL 60609
F O R S A L E
4031 S ASHLAND AVENUE
Terry Lynch • 773.714.2142 • [email protected] Wabick • 773.714.2141 • [email protected] Hale • 773.714.2119 • [email protected] information contained herein is from sources deemed reliable and is submitted subject toerrors, omissions and to change of price or terms without notice.
PROPERTY HIGHLIGHTPROPERTY HIGHLIGHTSS• Potential redevelopment site with future upside
• Improved with 3 buildings, ideal for Truck Repair or EquipmentStorage
• 16,000 SF building with 2 DIDs, 2nd floor offices, up to 18' clear
• 5,497 SF building with 2 DIDs, 14' clear, docks
• 2,400 SF building with 3 DIDs (Drive thru) 14' clear
• Currently a Scrap and Truck/Trailer Storage Yard
• Entire Site is Paved, Fenced, and Lit
• Paved with Concrete, Average 9" Thick
• Onsite Storm Sewer with Catch Basin
• Truck Scale
• Less than 1 mile to I-55/Kedzie
• Short term leases considered
OFFERING SUMMAROFFERING SUMMARYY
Land SizLand Sizee 9.54 acres
ZZoningoning M3
Sale PricSale Pricee $3,250,000
RE TRE Taxaxeses $79,118 (2014)
CHICAGO, IL 60623
F O R S A L E
3345 W 31ST STREET
LAND FOR TRUCK PARKING& EQUIPMENT STORAGE
4701 W. 26TH ST.CICERO, IL
3650 S. HOMAN AVE.CHICAGO, IL
Sale Price: $1,950,000For Lease: $3,400 Net/ Month/AcreRE Taxes: $21,249/YearLot Size: 4.4 Acres
• Great for trucking, contractor, industrial equipment storage and other industrial uses• Immediate access to I-55 / Kedzie• I-55 visibility• Hard to find close in land site
Sale Price: $2,800,000For Lease: $2,500 Net/ Month/AcreRE Taxes: $23,112/YearLot Size: 8.4 Acres(can be expanded to 11 acres)
• 8.4 acre rail served land site• Less than 2 miles to I-55• Heavy Industrial zoning• Adjacent to Sam’s Club, Home Deport, and Target
The trucking industry as a whole has experienced a great deal of change during the past couple of years. Increased regulations imposed by Municipalities, the City of Chicago, and the industry, in general, have caused costs of operation to rise leading to a decrease in margins
making profits more difficult to come by. At the same time, those same forces have caused the real estate market for the trucking industry to become more expensive with less availability. Many companies attempting to relocate or expand have found the supply of readily available sites to be sparse at best. When looking at these factors, coupled with the increased hostility
many areas are showing towards the trucking industry, we see availability continuing its down-ward trend while the price of real estate trending upwards.
Our team at Paine Wetzel has over 40 years of experience working with companies in your industry. We have represented companies of all sizes and specializations. Whether you’re
looking to expand your footprint or downsize to a new location, we’ve done it.
If you have an interest in any of the properties featured in this brochure or would like to discuss the potential value your property can bring, please call us. Our real estate team would
be happy to address any of your real estate questions or needs.
Ed Wabick773.714.2141
Marc Hale773.714.2114
Terry Lynch773.714.2142
TRUCKING INDUSTRY REAL ESTATE MARKET OVERVIEW
CALL US
All information contained herein is from sources deemed reliable and is submitted subject to errors, omissions and to change of price or terms without notice. Paine Wetzel • 8725 W. Higgins Rd. • Ste 800 • Chicago, IL • 60631 • 773.714.9300
www.painewetzel.com