3065 N. Rockwell St.
Amazing adaptive reuse opportunity on the Chicago River between Roscoe Village and Avondale. 250′ of frontage along the river, and 230′ of frontage on Rockwell Street. 63,000 SF of total buildings on 2.28 acres. 6 loading docks, 3 drive-in doors, 100 parking spaces, 17′ clear height, 1 freight elevator (6,000 lbs capacity). 4,750 SF of vacancy. Tenants range from small to mid size businesses. Termination clauses in leases. Zoned for Cannabis businesses. Boat docks can be added. Located next to Metropolis Coffee Company, nearby Guild Row and Tesla. TIF District and Enterprise Zone. Property included within the Chicago River Corridor Development Plan.
NOI: approx. $597,000 as of 4/1/25.
Insurance approx. $37,000.
Taxes approx. $148,832.
Property renovated in recent years, paving done in 2022, new LED lighting installed, new dock doors. North and West exterior walls were tuckpointed, sandblasted and sealed. New roof in 2021 on the 1-story building structure.
- Sale Price: $10,500,000
- Property Tax: $148,832
- Annual Net Op. Income: $597,000
- MLS: 12347282
- P.I.N.: 13-33-409-001-0000
- Building Type: Investment, Industrial, Land
- Number of Stories: 1
- Building Square Feet: 160,000
- Zoning: M1-2
Property Details
- 63,000 SF total buildings on 2.28 acres lot with 100 standard parking spaces
- Value-add/re-development potential along the Chicago River
- Riverfront property with 250′ of frontage along the river in prime Avondale location!
- Masonry construction industrial/flex property with a 4-story building and 1-story building
- 6 loading docks, 3 drive-in doors with 17′ clear height, 1 freight elevator (6,000 lbs capacity).
- Located within the Chicago River Corridor Development plan, TIF District and Enterprise Zone