Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1135 Baker Dr Itasca, IL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    66,490 SF warehouse with interior docks available for lease.

    Type:INDUSTRIAL
    Property size:
    66,490 SF
    Lot size:
    3.42 Acres
    Price / SF:
    $127/SF
    Added:
    Oct 21, 2025
    Days on Market:
    194
    Last Refresh:
    Apr 5 at 9:22 pm

    Property Features for 1135 Baker Dr

    General Information

    Standard status
    Active
    Size
    66,490 SF
    Lot size
    3.42 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 1135 Baker Dr Contact us

    We can help!

    Listing Contact
    Jeffrey Janda, SIOR

    Listing agent Jeffrey Janda, SIOR

    Listing office Lee & Associates | Chicago

    Listing date Oct 21, 2025

    Source Moodyscre

    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 Lee & Associates | Chicago

    Overview

    Itasca Warehouse with Interior Docks

    This 66,490 square foot warehouse, constructed in 1979, features masonry construction and is situated on a 3.4-acre site. The building includes approximately 8,242 square feet of office space, which can be reduced to approximately 4,242 square feet. It offers a clear height of 22 feet and is equipped with six enclosed interior docks with levelers. Parking is available for 65+ cars, expandable to 100+. The property has two electric services, subject to confirmation by an electrician, with 800a @ 480v and 400a @ 480v. Heating is provided by gas, and the building is sprinklered. The lease rate is $9.00 per square foot net, with possession available approximately January 1, 2024. Property taxes for 2022, payable in 2023, are $79,335.56, or $1.19 per square foot. The roof has been recently replaced by CentiMark and includes a remaining warranty. An existing cooler/freezer is in place, encompassing approximately 4,051 square feet, but can be removed. This includes one 1,688 square foot cooler and two freezers, one 1,688 square feet and one 675 square feet. Two of the six docks are airfreight doors, measuring approximately 12 feet high by 9 feet 6 inches wide. The property offers close proximity and easy access to expressways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Big Box & Wholesale Store Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Recall — 1440 W Thorndale Ave, Itasca, IL 60143

    Location Insight

    • Map
    • Local Demand
    City
    Itasca
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0358
    Latitude
    41.9874

    Nearby Similar for Sale

    • $105
      13,600 SF

      Itasca Facility with High-End Office

      13,600 SF facility with 12,000 SF of office space.
      125 N Prospect Ave, Itasca, IL 60143
      View Details
    • $12
      172,498 SF

      Spring Lake Executive Campus

      Single-story office campus near O'Hare with ample parking.
      901-1099 Hawthorn & 220-248 Spring Lake, Itasca, IL 60143
      View Details
    • $1,269,000
      5,180 SF

      Well-Appointed Office Building For Sale

      Freestanding office building with ample parking and golf course views.
      1125 N Prospect Ave, Itasca, IL 60143
      View Details
    • $1,095,000
      7,000 SF

      Itasca Warehouse with Retail Exposure

      7,000 SF warehouse with retail exposure in Itasca, IL.
      115 N Prospect Ave, Itasca, IL
      View Details
    • Contact for pricing
      251,909 SF

      Itasca Industrial Building For Sale

      251,909 SF industrial building in Itasca, Illinois.
      1455 W Thorndale Avenue, Itasca, IL 60143
      View Details
    • $15,824,557
      59,592 SF

      Itasca Office Building For Sale

      59,592 SqFt office building with 7.00% CAP rate.
      250 E Devon Ave, Itasca, IL 60143
      View Details

    FAQs

    What type of property is this?
    Warehouse - 66,490 SF warehouse with interior docks available for lease.
    Where is this warehouse located?
    The property is located at 1135 Baker Dr Itasca, IL.
    What is the asking price?
    The asking price for this property is $8,450,000.
    What are key features of this property?
    This property features: Close proximity and easy access to expressways.; Features 6 enclosed interior docks with levelers, including 2 airfreight doors.; Recently replaced roof with warranty remaining.
    (773) 355-3000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeffrey Janda, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    1135 Baker Dr, Itasca, IL

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!