Building Details

Year Built 1971

Listing Agency: c***@svn.com Show Phone

Listed By: Caitlin Show Phone

Added: Jan 13, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This Forest Park property offers 6,000 square feet of industrial space suitable for a variety of uses. The single-tenant building is part of a larger offering that includes a second, 10,000 square foot, two-story flex building. Both properties are situated less than one mile from the I-290 interchange, providing convenient access to major transportation routes. The location also offers proximity to Harlem Avenue and 16th Street, enhancing accessibility and logistical efficiency. The property is approximately 18 miles from O'Hare International Airport. The property is available for both sale and lease, offering flexibility to suit individual business requirements.

Property Analytics

Current Use

Mixed-use properties

Lease Details

NNN (Triple Net)

Lease Type

$1.46 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

867

Businesses Nearby

Explore this area Business Placement

Demographics for 60130, IL

14,346

Population

7,777

Households

1.8

Avg Household Size

42

Median Age

50%

College-Educated

95%

High-School Grad

2.8 sq mi

ZIP Area

5,124

Density / Sq Mi

$81,323

Median Household Income

$61,518

Median Earnings

$1,352

Median Rent

$293,800

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?

Mixed-use property - 6,000 SF of Flex Space Available in Forest Park, IL 60130

Where is this mixed-use property located?

The property is located at 1520 Hannah Ave Forest Park IL 60130 Joliet, IL.

What is the lease rate?

The lease rate is $9.75 SF/Yr.