1400 Norwood AveItasca, IL 60007

  • Industrial properties
  • 102,470 SF

Property Details for 1400 Norwood Ave

Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.55 AC
Property size (Sq ft)
102,470 SF
Zone code
I
Property type
Industrial properties
APN
02-01-203-010
APU
201203010

Description

This exceptional industrial property, located in Chicago's O'Hare submarket cluster, offers 102,617 square feet of warehouse, distribution, and manufacturing space. Currently, there is 38,956 square feet of vacant space available, divisible to a minimum of 19,478 square feet. The building boasts a desirable 16-foot clear ceiling height, enhancing operational efficiency. On-site amenities include 4,692 square feet of office space, providing ample room for administrative functions. The property features convenient access to transportation networks, with 4 interior loading docks and 3 drive-in doors facilitating seamless loading and unloading. Its strategic location offers easy access to major thoroughfares, including full interchanges at I-290 and IL 390, placing it within minutes of O'Hare International Airport. This multi-tenant building presents a unique opportunity for businesses seeking flexible and strategically located industrial space in the thriving O'Hare market. The available space is ideal for a variety of uses, from warehousing and distribution to light manufacturing. The property's combination of size, features, and location makes it an attractive option for companies seeking to establish or expand their operations in the Chicago area. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $21,177,874
    Hospitality
    $19,398,818
    Educational
    $16,139,589
    Medical
    $16,694,655
    Retail
    $25,106,028

Location Insight

City
Itasca
County
Dupage
State
Illinois
Latitude
41.9855
Longitude
-88.0377
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
2023
$154,598
$446,060
$1,704,420
$2,150,480
-
$1,338,180
$5,113,260
$6,451,440

FAQs

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