1325 31St AveMelrose Park, IL 60160

  • Warehouses
  • 1.16 AC

Property Details for 1325 31St Ave

Year built
1984
Lot size
1.16 AC
Property type
Warehouses
APN
15-04-404-055
APU
1504404055

Description

This exceptional 1.47-acre industrial land parcel presents a unique sublease opportunity in the highly desirable O'Hare submarket. Ideally suited for trailer storage, this expansive lot offers approximately 50 trailer positions, providing ample space for your operational needs. The property's strategic location within the O'Hare area ensures convenient access to major transportation arteries, facilitating efficient logistics and distribution. This sublease presents a cost-effective solution for businesses seeking immediate access to a well-situated industrial site without the long-term commitment of a direct lease. Furthermore, a complementary 40,338 square foot industrial space is available for sublease at a nearby location (2680 W. Lake Street, Melrose Park), offering potential for expansion or synergistic operations. This combined offering provides a compelling opportunity to secure significant industrial space in a prime location. The property is designated as industrial land and is currently available for sublease on a single-tenant basis. Serious inquiries are encouraged to explore this exceptional opportunity to establish or expand your business in this thriving industrial hub. The property's size and location make it an attractive option for companies requiring substantial outdoor storage capacity in close proximity to O'Hare International Airport. This sublease presents a flexible and efficient solution for businesses seeking immediate occupancy.

Location Insight

City
Melrose Park
County
Cook
State
Illinois
Latitude
41.8989
Longitude
-87.8704
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
$16,319
$27,791
$16,312
$44,103
-
$111,164
$65,248
$176,412

FAQs

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