Former Gentlemen's Club - The Factory
20,000 SF | Industrial Building | Chicago, IL 60628 | $2,750,000 ($138/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,750,000
- Property Type
-
Industrial
- Price / Square Foot
- $138
Listing Contacts
Mark Mielnicki
Verified Profile
Sarah Malburg
Verified Profile
- Property Info
Property Overview
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. Loads of potential, incredible value with infrastructure improvements, great visibility and easy access to I-94 make this a must see property.
Property Details
- Class
- C
- Year Built/Renovated
- 1960/2009
- Stories
- 1
- Property Subtype
- Distribution, Other Restaurants, Manufacturing
- Lot Size (sq. ft)
- 177,725 SF
Highlights
- Excellent Exposure
- 1200 Amps
- 11 RTUs
- Signage visible from I-94 expressway
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