3919 Wesley TerSchiller Park, IL 60176

  • Industrial properties
  • 0.88 AC
For Sale
$1,200,000 View listing

Property Details for 3919 Wesley Ter

Year built
1952
Lot size
0.88 AC
Property type
Industrial properties
APN
12-22-100-040
APU
1222100040

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$115,361
$71,791
$286,584
$358,375
-
$287,164
$1,146,336
$1,433,500

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