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All-Brick Industrial Building with Office
For Sale
$999,900

1061 Waveland Avenue, Franklin Park, IL 60131

Commercial Sale, Franklin Park, IL

Property SizeContact for details
Lot Size0.81 Acres
Days on Market94

Property Features for 1061 Waveland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning INDUS
Directions Grand to County Line Rd., North to Waveland, East to 1061 (closest to creek).
Subdivision Franklin Park
Standard status Active
APN 12191001271002
Lot size 0.81 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 25523

Utilities

Utilities Natural Gas Available
Cooling system Central Air

Amenities

loading dock
oversized overhead doors
double height ceiling
3 bathrooms
kitchen area

Building Details

Year built 1976
Floors in Building 1
Number of units 1
Flooring type Concrete, Carpet
Building materials Brick
Listing Agency: ERA Partners
Listed By: Israel Rivera
Added: May 23 Changed: Aug 19 Last Checked: Aug 24 at 5:06PM
MLS# 12593747

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 all-brick industrial building includes a loading dock, oversized overhead doors, and a double-height ceiling in the warehouse area. The property also features 1,650 SF of office space on the 2nd floor, along with 3 bathrooms total and a kitchen area.

The building is cooled with central air and includes natural gas available. Interior finishes include concrete and carpet flooring. The property was built in 1976.

Set on a 0.81-acre lot, the building is located in Franklin Park with convenient proximity to major interstates and roads including I-294, I-90, and I-290.

Key Highlights

  • 0.81‑acre lot with all‑brick industrial construction
  • Loading dock plus oversized overhead doors
  • Double‑height warehouse ceiling

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 Office in Midwest region

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

What type of property is this?
Flex space - All-brick industrial building with a loading dock, oversized overhead doors, and 1,650 SF of second-floor office space.
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 $999,900.
What are key features of this property?
This property features: 0.81‑acre lot with all‑brick industrial construction; Loading dock plus oversized overhead doors; Double‑height warehouse ceiling
More about this property
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