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

Industrial property combining warehouse functionality with second-floor office space, loading access, and major-road connectivity.

Property Size6,696 SF
Days on Market99

Property Features for 1061 Waveland Avenue

General Information

Standard status Active
Size 6,696 SF
Property subtype Commercial
Zoning INDUS

Additional Details

Highway Access Yes
Office Build-Out 1,650 SF

Taxes and HOA fees

Annual Taxes $25,523

Building Details

Building Size 6,696 SF
Year Built 1976
Stories 1
Units 1
Construction brick
Listing Agency: ERA Partners
Listed By: Israel Rivera
Source: Exit2newbeginningz
Added: May 23 Changed: Aug 28 Last Checked: Aug 28 at 11:30AM

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 all-brick flex property includes a warehouse with a double-height ceiling, a loading dock, and oversized overhead doors. The building contains 6,696 square feet, including 1,650 square feet of second-floor office space. Three bathrooms and a kitchen area support day-to-day operations, while the 1976 construction date provides established building history.

Located in Franklin Park, the property offers access to I-294, I-90, and I-290, connecting the site with major interstate routes and surrounding roads. Its configuration supports industrial, transportation, and distribution-oriented operations.

Key Highlights

  • 6,696‑square‑foot all‑brick flex building constructed in 1976
  • Warehouse features a double‑height ceiling, loading dock, and oversized overhead doors
  • Includes 1,650 square feet of second‑floor office space

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

376
Businesses Nearby
Well-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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial property combining warehouse functionality with second-floor office space, loading access, and major-road connectivity.
Where is this flex space located?
The property is located at 1061 Waveland Avenue Franklin Park, IL.
What are key features of this property?
This property features: 6,696‑square‑foot all‑brick flex building constructed in 1976; Warehouse features a double‑height ceiling, loading dock, and oversized overhead doors; Includes 1,650 square feet of second‑floor office space
More about this property
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