12054 S Doty Avenue
Chicago, IL, 60628 $ 2,750,000
Baths0.0 Sq 20,000 Monthly Estimate*
$ 19,210
Studio
for $2,750,000. This 20,000 square foot building was built in 1982 on a lot size of 2.07821.
Approximate 20,000 SF industrial facility offering significant infrastructure improvements conducive to a myriad of uses: adult entertainment/gentlemen's club, nightclub, banquet or large event facility, warehousing, industrial, distribution, cannabis, grow facility, flex, and so much more! Complete renovation in 2009 to a gentlemen's club, this building has been incredibly designed and maintained with a modern build-out and upgraded mechanicals throughout. Can be easily converted back to industrial, warehouse, flex, light manufacturing, or any entertainment type use. Current build-out includes three loading docks, full kitchen, walk-in cooler, walk-in freezer, 8 restroom facilities, showers, courtyard, locker room and more. The entertainment side of the house includes 4 stages, 2 bars, 8 VIP rooms, private entrances, DJ booth, reception, and coat check room. Mechanicals feature eleven RTU'S (ten 20-ton units and one 15-ton unit) offering temperature control, upgraded electric with 1200 amps and 3-phase power, 18' ceilings, fully sprinklered, and a new roof in 2009. Annual maintenance reports available upon request. Tons of value in the infrastructure alone. Security includes security system, retractable gates, and secure fenced site with exterior monitoring systems. Located in a TIF District, this 2-plus acre site with 131 parking stalls offers excellent visibility from I-94 with over 160,000 VPD and pylon signage. Combine this property with an adjacent approximate 24,000 SF industrial facility on 1.3 acres. Please see MLS #11945998 for more information. Loads of potential, incredible value with infrastructure improvements, great visibility and easy access to I-94 make this a must see property.
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FeaturesGeneralCooling Central Air
Utilities Electric to Site Gas to Site Sanitary Sewer Septic-Private Water to Site Cable Available
Zoning COMMR
Construction Materials Steel Siding
Year Built 1982
Electric Circuit Breakers Over 600 Amps Three Phase Heavy Power 1200+ Amps Three Phase
Tenant Pays Other
Stories 1
Township Hyde Park
Property SubType Other
Tax Year 2022
Current Use Commercial Special Use
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 30000
Property Type Commercial Sale Retail/Stores
Status Active
Directions Bishop Ford (I-94). North/South to 115th west to Doty South to 120th.
City Chicago
Total Units 1
MLS Area CHI - Riverdale
Lot Size Square Feet 90527
Street Name Doty
Tax Annual Amount 47861
Additional Parcels Y/N N
Leasable Area 20020
Virtual Tour https://b-3-productions.aryeo.com/sites/dzvqwjo/unbranded
Days on Market 15
Lease Type Net
Standard Status Active
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InteriorFlooring Concrete Tile
Street Suffix Avenue
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ExteriorFoundation Details Concrete Perimeter
Building Area Total 20000
Lot Dimensions 300 X 290
Exterior Steel Siding
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* Excluded FeaturesList ByFirst In Realty, Inc.Broker
sarah@firstinrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $19,210
- Monthly Property Taxes
- $3,988
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Chicago, IL
Average List Price $835,035
Percent of Sale Price 70%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
12/14/2023 | $2,750,000 | | Listed Price |