Versatile Industrial Building in Chicago
For Sale
$389,900
10333 Oxford Avenue, Chicago Ridge, IL 60415
COMMERCIAL - Chicago Ridge, IL
Property Size2,500 SF
Lot Size0.19 Acres
Price / SF$155.96
Days on Market139
Property Features for 10333 Oxford Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
INDUS
Directions
95th to Ridgeland S to Washington 103rd & Oxford
Subdivision
Chicago Ridge
Standard status
Active
APN
24171020140000
Size
2,500 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2024
Utilities
Cooling system
Central Air
Building Details
Year built
1972
Floors in Building
1
Number of units
1
Building materials
Brick
Listing Agency:
Infiniti Properties, Inc.
(708) 206-3000
Listed By:
Rima Odeh · License #475102798
(708) 206-3000
Added: Mar 15
Changed: Apr 21
Last Checked: Jul 31 at 12:06AM
MLS# 12592784
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This immaculate, solid brick industrial building in Chicago Ridge offers approximately 2500 square feet of versatile space, ready for immediate occupancy. The property has been completely rehabbed. It features a reception area, a 38x25 main shop, a private office space, a new employee kitchen, a new bathroom, and a storage area. There is one overhead loading garage in the back, with potential for two more. The building is equipped with a new heating system and a fire alarm connected to the village. The property includes 20 parking spaces and is fenced. The building has 9-foot ceilings. Zoned C2, the property is suitable for a variety of uses, including warehouse, office/retail, auto body shop, or display shop for tile or carpentry. The lot size is 0.1928 acres.
Key Highlights
- Totally rehabbed from A‑Z and ready for immediate occupancy.
- Versatile C2 zoning allows for a variety of uses (warehouse, office/retail, auto body, etc.).
- Solid brick construction with 20 parking spaces and fenced for security.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.0k | $21.60 |
| − Vacancy | −$4.4k | −$1.77 |
| EGI | $49.6k | $19.83 |
| − OpEx | −$14.9k | −$5.95 |
| NOI | $34.7k | $13.88 |
2,500 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$495.7K
$433.8K – $578.3K
NOI $34,700 @ 7.0% cap · market cap 8.90%
Second Best
Office B
$492.4K
$430.9K – $574.5K
NOI $34,471 @ 7.0% cap · market cap 8.84%
Theoretical Best
Office A
$863.1K
$755.3K – $1.01M
NOI $60,420 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Explore this area
Business Placement
Demographics for 60415, IL
14,433
Population
5,840
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
6,275
Density / Sq Mi
$69,389
Median Household Income
$48,226
Median Earnings
$1,198
Median Rent
$217,800
Median Home Value
Market
Properties on Market for Industrial properties in Chicago Ridge
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - Immaculate, rehabbed industrial building suitable for warehouse, office, or retail.
Where is this industrial property located?
The property is located at 10333 Oxford Avenue Chicago Ridge, IL.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Totally rehabbed from A‑Z and ready for immediate occupancy.; Versatile C2 zoning allows for a variety of uses (warehouse, office/retail, auto body, etc.).; Solid brick construction with 20 parking spaces and fenced for security.
