110K SF Chicago Vacant Industrial | 4.07 AC

Description:

Ri Marketplace Online Auction September 23-25th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2666/reit-sale-110k-sf-chicago-vacant-industrial-4.07-ac?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=industrial_2666

Marcus & Millichap is pleased to present 4444 S. Kildare Avenue — a rare opportunity to acquire ±110,994 square feet of functional industrial space on ±4.067 acres in the heart of Chicago’s Archer Heights industrial submarket. Offered significantly below replacement cost, this asset represents a true value-add in one of the nation's top-performing logistics markets.

The property features 9 loading docks, 4 drive-in doors, and ±36' 4” clear height, making it ideal for a variety of uses including warehousing, distribution, manufacturing, or fleet operations. A ±0.25-acre paved lot across the street is included, offering additional vehicle or trailer storage — a rare amenity in an infill setting.

Chicago continues to rank among the nation’s top-performing industrial markets, with over 4 million square feet of positive net absorption in 2024 and sustained demand projected into 2025. As of the third quarter of 2025, Chicago's 12-month absorption rate is 1.4 million square feet. The region’s strategic central location, extensive transportation infrastructure, and access to major population centers make it a preferred hub for logistics, e-commerce, and manufacturing users. What sets Chicago apart in the current cycle is its strength in the small- to mid-bay industrial segment. Facilities under 150,000 square feet show strong investor interest with vacancies for these assets dropping below historical averages. Strategically located just off I-55 with quick access to Midway Airport, the site sits within a TIF District and Enterprise Zone, offering potential tax incentives and development flexibility. With over 2.5 million residents within a 10-mile radius, this offering delivers unmatched access to labor, logistics infrastructure, and urban density.


Scott Bowers
c/o Fisher Auction Company Inc.
License: 040000273

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