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Brick Flex Space with Loading Dock
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 Market96

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

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 26 at 7:06AM
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 1976 industrial property combines an all-brick building with a warehouse featuring a double-height ceiling, a loading dock, and oversized overhead doors. The second floor contains 1,650 sq. ft. of office space, while the building also includes three bathrooms and a kitchen area. Concrete and carpet flooring are installed, with central air and natural gas available.

Set on 0.81 acres at 1061 Waveland Avenue in Franklin Park, the property is near I-294, I-90, and I-290. Zoned INDUS, its configuration is suited to industrial, transportation, and distribution uses. The property is offered for sale, with a lease option also available.

Key Highlights

  • 1,650 sq. ft. of second‑floor office space
  • Warehouse with double‑height ceiling
  • 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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial building with warehouse and office functions, loading access, and proximity to I-294, I-90, and I-290.
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: 1,650 sq. ft. of second‑floor office space; Warehouse with double‑height ceiling; Loading dock and oversized overhead doors
More about this property
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