372 Meyer RdBensenville, IL 60106

Property Details for 372 Meyer Rd

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.69 AC

Property size (Sq ft)

10,300 SF

Zone code

I

Property type

Industrial properties

APN

03-11-403-010

APU

311403010

Description

This exceptional 10,300-square-foot warehouse, located at 372 Meyer Rd, Bensenville, IL 60106, presents a unique owner-user opportunity in the highly sought-after O'Hare submarket. The property sits on a 0.69-acre lot and boasts a single-story, Class B building constructed in 1980, undergoing a complete interior and exterior renovation in 2022-2023. The improvements include a new roof, HVAC system, windows, electrical and plumbing systems, a new sprinkler system, security system, office build-out, updated lighting, loading dock doors, and a completely resurfaced parking lot. The warehouse features a 16-foot ceiling height, one loading dock, and two dock-high doors. The I-2 zoning allows for a variety of industrial uses. Conveniently located near major distribution, manufacturing, and warehousing hubs, this property offers easy access to I-90 and I-294, as well as airport and railroad yard access. The asking price is $2,000,000 ($194.17/sq ft), and while the property is currently occupied, the lease expires December 13, 2027 (approximately 3.1 years remaining). The property is offered fee simple. This "cookie-cutter" building is a rare find in this market, requiring minimal maintenance for over 25 years. The APN is 0311403010. Serious inquiries only.

• Alternative Use

  Use

  Valuation

  Residential

  $2,128,741

  Hospitality

  $1,949,915

  Educational

  $1,622,307

  Medical

  $1,678,100

  Retail

  $2,523,588

Location Insight

City

Bensenville

County

Dupage

State

Illinois

Latitude

41.9671

Longitude

-87.9441

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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