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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

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$3,195,000 For Sale

5944 W 65th Street
Chicago, IL 60638

1 unit |
11,500 sq ft;
lot: 1 acre
Commercial: Industrial - MLS# 12592424
Property Photo
1/32

Description

10-parcel commercial assemblage totaling 40,941 sq ft of land (nearly 1 acre) with an 11,500 sq ft commercial building in the Midway Airport industrial corridor. Rare opportunity to control a full block-scale footprint with frontage on both 65th Street and Austin Avenue. Zoned C1-1 allowing a wide range of commercial and light industrial uses including warehouse, logistics, contractor yard, fleet parking, auto uses, retail, or mixed-use redevelopment. Large contiguous land site with multiple access points, significant parking capacity, and excellent visibility on a high traffic corridor. The main structure at 5944 W 65th St is an existing 11,500 sq ft commercial building supported by nine additional parcels currently used for parking, storage, and operational yard space. Ideal for an owner-user seeking a headquarters location with outdoor storage, fleet parking, or expansion potential. Strategic location minutes from Midway International Airport, I-55, Cicero Ave, and Central Ave with direct access to major transportation routes serving the entire Chicago logistics network. Highlights * 10 contiguous parcels under single control * 40,941 sq ft total land area (nearly 1 acre) * 11,500 sq ft commercial building * C1-1 zoning allows retail, warehouse, logistics, contractor yard, automotive, and redevelopment uses * Frontage on both 65th Street and Austin Avenue * Major exposure near Midway Airport and high traffic corridors * Significant outdoor storage and parking capacity * Ideal for owner-user headquarters, logistics hub, contractor yard, or redevelopment Large land sites like this rarely come available in the Midway corridor. Perfect for operators or investors seeking scale, frontage, and long-term positioning near one of Chicago's busiest transportation hubs.

Features

  • Property Type: Commercial
  • Sub Type: Industrial
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60638
  • Year Built: 1919
  • Sq.Ft.: 11,500 sq ft
  • Stories: 1
  • Units: 1 unit
  • Lot Size: 1 acre
  • Zoning: COMMR
  • # Of Drive In Doors: 6
  • # Of Tenants: 1
  • Additional Parcels: Yes
  • Approx Office Sq Ft: 1500
  • Approximate Age: New Rehab
  • Building Area Total: 11500
  • Built Before 1978 (Y/N): Yes
  • Cap Rate: 7.06
  • Ceiling Hgt Max Ft: 16
  • Ceiling Hgt Min Ft: 14
  • Clear Span (Y/N): Yes
  • Construction Materials: Brick, Block
  • Cooling: Central Individual, Exhaust Fan, Zoned
  • Directions: From Central Ave, head east on 65th St. Property is on the south side near Linder Ave, minutes from Midway Airport.
  • Door Dimension (Width X Height) X (Feet.Inches): 12 x 14
  • Electric: Circuit Breakers, Service - 101 to 200 Amps, Power - 240V, Three Phase, Single Phase
  • Expense Year: 2026
  • Extra Storage Spaces Available (Y/N): Yes
  • Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Hydrants On Site, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
  • Flooring: Concrete, Tile
  • Geographic Locale: Southwest Suburban, Chicago Southwest
  • Gross Income: 243000
  • Gross Rentable Area: 11500
  • Gross Scheduled Income: 243000
  • Heat/Ventilation: Central Bldg Heat, Central Heat/Indiv Controls, Forced Air, Gas
  • Indoor Parking: 31-50 Spaces, Attached, Heated, Secured
  • Information: 24-Hr Notice Required, List Broker Must Accompany
  • Investment (Y/N): Yes
  • Known Encumbrances: None Known
  • Leasable Area: 11500
  • Location: Commercial Business Park, Industrial Area/Campus, Mixed Use Area, Public Transport Avail, Airport/Runway Nearby, In City Limits, High Traffic Area
  • Lot Size Square Feet: 41000
  • Main Type: Commercial Sale
  • Min Avail Sq Ft (Rentable): 11500
  • Misc Inside: Common Meeting Room/s, Accessible Entrance, Private Restroom/s, Storage Inside
  • Misc Outside: Balcony/ies, Accessible Entrance, Handicapped Design, Hydraulic Lift, Security Gate, Security Lighting, Security System
  • Net Rentable Area: 11500
  • Operating Expense: 17500
  • Outdoor Parking: 51-100 Spaces, Fenced, Lighted, Paved, Private Lot, Secured, Truck Parking, Parking On-Site
  • Ownership Type: Limited Liability Corp
  • Property Offered: For Sale Only
  • Roof: Membrane, Reflective Coating, Rubber
  • Roof Structure: Flat, Metal Decking, Steel Joists
  • Sewer: Storm Sewer
  • Tax Annual Amount: 17500
  • Tax Year: 2023
  • Total Annual Expense Source: Combination
  • Total Monthly Income: 20250
  • Township: Stickney
  • Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Cable Available, Fiber
  • Water Drainage: Floor Drains, Storm Sewers
  • Water Source: Municipal Water
Courtesy of Chicagoland Brokers, Inc.
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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