This exceptional Schiller Park, IL property offers 30,810 square feet of combined warehouse and office space, ideally suited for owner-occupancy or redevelopment. The building, constructed in 1960 and extensively renovated in 2023, sits on a 0.88-acre lot with industrial zoning. The 7,700 square foot office area features a fully built-out fitness center complete with two locker rooms and steam rooms. The warehouse boasts 22-foot ceiling heights (14 feet at the edges), 50-foot clear span bays, two interior docks, and portions are heated. The concrete block office and metal panel warehouse construction are durable and well-maintained. This prime location near O'Hare International Airport presents a compelling investment opportunity. The property offers potential for expansion, with the possibility of acquiring three additional parcels totaling approximately 3.42 acres. The asking price is $1,200,000, translating to $38.95 per square foot. This is a rare opportunity to acquire a versatile and well-appointed industrial property in a highly desirable location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$13,192,404
Hospitality
$12,084,171
Educational
$10,053,888
Medical
$10,399,657
Retail
$15,639,382
Location Insight
City
Schiller Park
County
Cook
State
Illinois
Latitude
41.9507
Longitude
-87.8628
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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