502 Vista AveAddison, IL 60101

Property Details for 502 Vista Ave

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.41 AC

Property size (Sq ft)

37,726 SF

Zone code

I

Property type

Industrial properties

APN

03-32-201-005

APU

332201005

Description

This exceptional 38,050-square-foot freestanding warehouse, located at 502 Vista Ave in Addison, IL, presents a compelling opportunity for businesses seeking a prime industrial space. The single-tenant building boasts a dynamic office layout encompassing approximately 3,673 square feet, perfectly complementing the expansive warehouse area. The warehouse features a 14-foot ceiling height, providing ample vertical space for operations. Loading is facilitated by three docks – two interior and one exterior – along with a convenient drive-in door. Parking is readily available with 41 stalls. The property benefits from robust power, supplied by a 2500A 120/208V system. Further enhancing its functionality, the building includes a wet sprinkler system and is fully air-conditioned. Situated in DuPage County, the property enjoys low and stable real estate taxes. Its strategic location offers immediate access to major transportation arteries, including I-290, I-355, and IL-64 (North Avenue), ensuring seamless logistics and efficient distribution. The proximity to O'Hare International Airport provides an added advantage for businesses with air travel needs. The property sits on 1.42 acres of land. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a highly desirable area. The property is available for sale or lease. The current Real Estate Tax and Operating Expenses are $1.75 per square foot.

• Alternative Use

  Use

  Valuation

  Residential

  $7,796,980

  Hospitality

  $7,141,991

  Educational

  $5,942,053

  Medical

  $6,146,409

  Retail

  $9,243,193

Location Insight

City

Addison

County

Dupage

State

Illinois

Latitude

41.917

Longitude

-88.0021

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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