Albert Realty Advisors presents for sale, 4148 W. Chicago Ave. This 1-story, 5400 sq. ft. flex industrial-office building is a great opportunity for an owner-user looking to do business. Priced to sell quickly.
Building features a 1200 sq. ft. multi-purpose area, two (2) private offices, four (4) multi-purpose rooms, five (5) storage rooms, two (2) restrooms, gated parking in rear, and central heating/cooling.
Property is operated by non-profit entity and is currently exempt from paying real estate taxes to Cook County. Current tenant has a Net lease structure, is month-to-month and pays $1500/mo. and is currently operated by a non-profit entity.
Take advantage of available public financial incentives – located in an Opportunity Zone tract and in the Northwest Industrial Corridor TIF District. Located across the street from the Chicago Police Department’s approved $95 million police academy.
M-1 zoning allows for light manufacturing, warehousing and wholesaling. Existing non-profit office use also permitted.
Own a piece of Chicago history. The property was previously associated with Marva Collins, an American educator who operated Westside Preparatory School for over 30 years. The success of the school and her teaching methods brought her media attention and inspired a made-for-TV film.
To schedule a tour of 4148 West Chicago Ave, Chicago IL 60651, please contact Damian Albert at (312) 342-8422 or [email protected].
For more information on this property, please click here.
To access the virtual 3D tour, please click here.
More information about Marva Collins and the Westside Preparatory School could be found here:
- The History Makers – Marva Collins Biography
- Success: The Marva Collins Approach