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Chicago Industrial: 11,500 SF Warehouse/Office w/ Yard and 30,000 SF Parking Lot – 5944 W 65th St

$3,570,000

5944 West 65th Street, Chicago, IL 60638

Active
Last Updated: 11/24/2025

7

Cap Rate

11,500 sqft

Building Size

Details:
Cap Rate:    7%
Building Size:    11,500 sqft
Lot Area:    41,000 sqft
Year Built:    1919
Price Per Sqft:    $87.50
Zoning:    C1-1
Floors:    1
Parking Spots:    100
Year Last Renovated:    2019
Gross Leaseable Area:    11,500
Roof:    Flat Metal Decking, Reflective Coating
HVAC:    Central
Restrooms:    2
CeilingHeight:    16
Highlights:
  • 1-Acre secured industrial/flex site with frontage on 65th St & Austin Ave
  • 11,500 SF brick building – 6 drive-in doors + heated indoor bays + 16’ ceilings
  • Zoned C1-1 – auto repair, warehouse, flex, contractor use permitted
  • ±41,000 SF total land area with secured paved yard and truck/fleet parking for 100+ vehicles
  • Minutes from Midway Airport, I-55, Cicero Ave & Central Ave, Industrial building located in the heart of Chicago
  • Ideal for owner-user or investment – strong rental demand and cash flow potential
  • Surrounded by national industrial and logistics operators
  • Clear span workspace with offices + storage mezzanine
  • Clean title – corporate-owned – ready for immediate transfer
  • Redevelopment upside – rare 1-acre C1-1 site within minutes of Midway, suited for industrial or mixed-use repositioning
Description:

Unmatched opportunity - a massive 10-parcel commercial assemblage totaling over 40,000 sq ft of land (nearly 1 acre) with an 11,500 sq ft commercial building just steps from Midway Airport. Frontage stretches across 65th Street and Austin Ave, offering commanding visibility, access, and scale. Zoned C1-1, allowing retail, office, warehouse, automotive, logistics, or mixed-use redevelopment - this is one of the largest, most versatile holdings in the famous and well known Clearing/Midway corridor. The main building at 5944 W 65th St is an income-producing Class 5-22 commercial structure, supported by nine additional Class 5-80 and 5-90 parcels used for parking, fleet operations, and storage. Ideal for owner-users, investors, or developers seeking frontage, flexibility, and long-term value. Strategically located between Central Ave and Cicero Ave, minutes from I-55 and Midway International Airport, with nonstop exposure on a high-traffic city street. Corporate, absentee ownership - clean title and ready for repositioning, expansion, or redevelopment. Highlights: * 10 contiguous parcels (PINS 19-20-212-025 through -031, plus -007, -008, -009) * Total land: 40,941 sq ft (1 acre) * Main building: 11,500 sq ft - Class 5-22 Commercial * Zoning: C1-1 - broad use: retail, auto, warehouse, flex, or mixed-use * Multiple street access points and expansive parking capacity * Prime Midway corridor frontage with heavy daily traffic * Occupied and income-producing with significant value-add potential * Excellent for logistics, dealership, or redevelopment This is a rare, scale-driven opportunity in one of Chicago's most commercially active zones - a true anchor property for investors or operators ready to dominate the Midway market.

Map:
Documents:
Title
10PropertyPINS.pdf
Flyer.pdf
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Location
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