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Four-Building Warehouse Property
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1175 Central Ave, University Park, IL 60484

Fully occupied warehouse complex with dock access, grade-level loading, heavy power, and multiple tenant leases.

Property Size76,500 SF
Lot Size3.55 Acres
Days on Market142

Property Features for 1175 Central Ave

General Information

Standard status Active
Size 76,500 SF
Total Parking Spaces 35
Lot size 3.55 Acres
Property subtype Industrial
Occupancy 100%

Warehouse & Industrial

Clear Height 18 ft
Warehouse Space 76,500 SF
Dock-High Doors 6
Drive-In Doors 7
Three-Phase Power Yes
Heavy Power Yes

Additional Details

Highway Access Yes

Building Details

Buildings 4
Tenancy Multi
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Zach Orzel · License #475.198922
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:27PM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This industrial property comprises four warehouse buildings totaling approximately 76,500 square feet on 3.55 acres. Improvements include clear heights ranging from 14 feet to 18 feet, six dock-high doors, seven grade-level doors, three-phase heavy power, and 35 parking spaces. Four tenants occupy the property under modified gross leases, providing a fully leased operating profile.

The site is located at 1175 Central Avenue in University Park, Illinois, less than one mile from Interstate 57 and 36 miles southwest of Downtown Chicago. Approximately 84 percent of the property is leased through expirations occurring from March 2027 to April 2028, while the remaining 12,000 square feet is occupied under a month-to-month agreement.

Key Highlights

  • Approximately 76,500 square feet of warehouse space across four buildings
  • 3.55‑acre site with 35 parking spaces
  • Clear heights ranging from 14 feet to 18 feet

Property Analytics

Current Use

Burns Auto Group Car Dealership South Chicago Parents ... Medical Clinic Biomass Energy Systems, ... Power Station BESI chocago Corporate Office

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Hair Salon Electrical Service Spa & Massage Center

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

18 ft
Clear height
6
Dock-high doors
7
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60484, IL

6,761
Population
2,410
Households
2.8
Avg Household Size
31
Median Age
25%
College-Educated
94%
High-School Grad
7.5 sq mi
ZIP Area
901
Density / Sq Mi
$64,295
Median Household Income
$35,309
Median Earnings
$1,534
Median Rent
$140,500
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
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Similar Off Market Nearby

  • Skyline Movers 2330 Horner Ave, University Park, IL 60484
  • Ware-Pak LLC 2427 Bond St, University Park, IL 60484

Frequently Asked Questions

What type of property is this?
Warehouse - Fully occupied warehouse complex with dock access, grade-level loading, heavy power, and multiple tenant leases.
Where is this warehouse located?
The property is located at 1175 Central Ave University Park, IL.
What are key features of this property?
This property features: Approximately 76,500 square feet of warehouse space across four buildings; 3.55‑acre site with 35 parking spaces; Clear heights ranging from 14 feet to 18 feet
(972) 755-5200 Call to check price and availability
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