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Vacant-User

Auction - REIT SALE | 110K SF Chicago Vacant Industrial | 4.07 AC

4444 S Kildare Ave, Chicago, IL 60632

Starting Bid: $300,000

Gross SF
110,994
Price/Gross SF
$2.70
Lot Size
4.07 acres
Year Built
1954
Rentable SF
110,994
Auction Type
Reserve
Auction Start Date
Sep 23, 2025
Auction End Date
Sep 25, 2025

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/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.

Investment Highlights

  • STARTING BID $300,000 | 110K SF Chicago Vacant Industrial | 4.07 AC | AUCTION SEPTEMBER 23-25, 2025
  • Massive Industrial Footprint: ±110,994 SF on ±4.067 acres in Chicago's dense southwest industrial core below land value pricing — a true below-replacement-cost play.
  • Core Infill Location with Immediate Logistics Access: Located just off I-55 (+173K VPD), minutes from Midway Airport and major routes. Prime last-mile or distribution opportunity. 2.5M Population in 1
  • Heavy Infrastructure – High-Clear Warehouse with Dock & Drive-In Loading: 9 dock doors, 4 drive-ins, ±36' 4" clear height. Minimal capex required for modern users or immediate lease-up.
  • Bonus Land Included – Additional 0.25-Acre Paved Lot Across the Street: Ideal for fleet parking, trailer storage, or future expansion — highly valuable in constrained infill locations.
  • Enterprise Zone & TIF District – Leverage Incentives: Located within a qualified incentive zone — potential for tax credits, grants, and reduced development costs to boost ROI.
  • Surging Demand in Undersupplied Size Bracket: Chicago's industrial absorption led the nation in 2024; buildings under 150K SF are seeing strong investor interest.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Vacant-User

Auction - REIT SALE | 110K SF Chicago Vacant Industrial | 4.07 AC

Starting Bid: $300,000

Gross SF
110,994
Price/Gross SF
$2.70
Lot Size
4.07 acres
Year Built
1954
Rentable SF
110,994
Auction Type
Reserve
Auction Start Date
Sep 23, 2025
Auction End Date
Sep 25, 2025

Investment Highlights

  • STARTING BID $300,000 | 110K SF Chicago Vacant Industrial | 4.07 AC | AUCTION SEPTEMBER 23-25, 2025
  • Massive Industrial Footprint: ±110,994 SF on ±4.067 acres in Chicago's dense southwest industrial core below land value pricing — a true below-replacement-cost play.
  • Core Infill Location with Immediate Logistics Access: Located just off I-55 (+173K VPD), minutes from Midway Airport and major routes. Prime last-mile or distribution opportunity. 2.5M Population in 1
  • Heavy Infrastructure – High-Clear Warehouse with Dock & Drive-In Loading: 9 dock doors, 4 drive-ins, ±36' 4" clear height. Minimal capex required for modern users or immediate lease-up.
  • Bonus Land Included – Additional 0.25-Acre Paved Lot Across the Street: Ideal for fleet parking, trailer storage, or future expansion — highly valuable in constrained infill locations.
  • Enterprise Zone & TIF District – Leverage Incentives: Located within a qualified incentive zone — potential for tax credits, grants, and reduced development costs to boost ROI.
  • Surging Demand in Undersupplied Size Bracket: Chicago's industrial absorption led the nation in 2024; buildings under 150K SF are seeing strong investor interest.

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/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.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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