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All-Brick Flex Industrial Building
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1061 Waveland Avenue, Franklin Park, IL 60131

Warehouse includes second-floor offices, loading infrastructure, and a kitchen area.

Property Size1,650 SF
Price / SF$0.01
Days on Market72

Property Features for 1061 Waveland Avenue

General Information

Standard status Active
Size 1,650 SF
Property subtype Commercial
Zoning INDUS
Lease Term Lease Purchase

Additional Details

Floor 2
Highway Access Yes
Office Build-Out 1,650 SF

Taxes and HOA fees

Annual Taxes $25,523

Amenities

loading dock
oversized overhead doors
3 bathrooms
kitchen area

Building Details

Building Size 6,696 SF
Year Built 1976
Buildings 1
Stories 1
Units 1
Construction brick
Listing Agency: ERA Partners
Listed By: Israel Rivera
Source: Perillorealestategroup
Added: May 23 Changed: Aug 2 Last Checked: Aug 2 at 6:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA Partners

Investment Insights

Based on property information with market context.

This flex industrial property is an all-brick building constructed in 1976, combining warehouse and office components. The warehouse features a loading dock, oversized overhead doors, and a double-height ceiling. A 1,650-square-foot office area occupies the second floor, while the building also includes three bathrooms and a kitchen area. INDUS zoning supports the property’s industrial classification.

The building is located at 1061 Waveland Avenue in Franklin Park, Illinois, with access to I-294, I-90, and I-290. Its configuration and transportation-oriented features accommodate industrial, distribution, and related operational uses.

Key Highlights

  • All‑brick industrial building constructed in 1976
  • 1,650 SF of second‑floor office space
  • Warehouse features a loading dock and oversized overhead doors

Property Analytics

Current Use

Rvr Transportation Inc Moving Company Concrete and crack injecting ... Interior Design

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Auto Parts Store Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60131, IL

18,205
Population
6,120
Households
3
Avg Household Size
39
Median Age
19%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
3,371
Density / Sq Mi
$76,404
Median Household Income
$39,117
Median Earnings
$1,092
Median Rent
$261,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Warehouse includes second-floor offices, loading infrastructure, and a kitchen area.
Where is this flex space located?
The property is located at 1061 Waveland Avenue Franklin Park, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: All‑brick industrial building constructed in 1976; 1,650 SF of second‑floor office space; Warehouse features a loading dock and oversized overhead doors
More about this property
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