7424 Lockwood AveChicago, IL 60638

For Sale
Call for price

84,461 SF Refrigerated Warehouse

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 84,461-square-foot industrial property in Chicago, IL, offers a unique blend of warehouse and refrigerated storage space. The building features approximately 9,000 square feet of office space and a substantial 14,880-square-foot cooler with a temperature range of 32° to 45°. Situated on a 2.93-acre lot, the property boasts 6 interior loading docks with levelers, 18-foot ceiling heights, and 80 surface parking spaces. Construction details include 6-inch reinforced concrete floors, concrete/cinder block walls, and an asphalt built-up roof. The building is equipped with a 3000-amp, 277-480-volt, 3-phase power supply from ComEd, a fully temperature-controlled HVAC system (R-448a/R-449a/E-507), and steam boiler heating. Additional features include T8 and LED lighting, floor drains, and a food-grade certification. The property is zoned L1 - Light Manufacturing and benefits from its location in Bedford Park's Enterprise Zone, making it eligible for Cook County 6b Tax Incentives. Its proximity to Midway Airport (10 minutes), I-55 and I-294 interchanges, and the CSX Intermodal (Belt Railway of Chicago) provides unparalleled logistical advantages. The 2023 property taxes were $297,226.24 ($3.53/sf). The property's former use was the production and packaging of gelatins, puddings, and flan desserts, highlighting its suitability for food production, manufacturing, and warehousing. Security features include an Imperial system, security cameras, alarms, and fobs. Water is supplied by the Village of Bedford Park, sewer by Metropolitan Water Reclamation, and gas by Nicor. Two Sullair compressed air systems are also in place. The property includes a cafeteria/breakroom. This prime location offers access to a large workforce and numerous nearby amenities.

Highlights

  • 84,461 SF industrial building on a 2.93-acre lot in Chicago, IL.
  • Approximately 9,000 SF of office space included.
  • 14,880 SF of refrigerated cooler space with a 32° - 45° temperature range.
  • Features 6" reinforced concrete floors, concrete/cinder block walls, an asphalt built-up roof, and 18' ceiling heights with 28' x 44' column spacing.
  • Six interior loading docks with levelers, T8 and LED lighting, 3000 amp, 277-480 volt, 3-phase ComEd power, and a fully temperature-controlled HVAC system (R-448a/R-449a/E-507).

Property Details for 7424 Lockwood Ave

Property type
Refrigeration & cold storage, Other warehouses
Square Feet
84,461 SF
Lot Size (sq. ft)
127,631 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.7579117
Longitude
-87.7546622
7424 Lockwood Ave, Chicago, Illinois

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7424 Lockwood Ave
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