Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Bensenville Industrial Facility For Lease Title is generated by Realmo AI

    951-961 Thorndale Ave, Bensenville, IL 60106

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

    Modern industrial property with versatile layout in Bensenville, Illinois.

    Type:Industrial
    Property size:
    120,985 SF
    Added:
    Nov 21, 2025
    Days on Market:
    176
    Last Refresh:
    Dec 3 at 5:32 am

    Property Features for 951-961 Thorndale Ave

    General Information

    Standard status
    Active
    Size
    120,985 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 951-961 Thorndale Ave Contact us

    We can help!

    Listing Contact
    Kyle Schipper, SIOR

    Listing agent Kyle Schipper, SIOR

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Kyle Schipper, SIOR

    HighLights

    • Prime location with convenient access to O'Hare International Airport, I‑294, and I‑290.
    • Versatile layout suitable for manufacturing and distribution.
    • High ceilings and ample power capacity.
    • Expansive warehouse space and well‑appointed office areas.
    • Multiple loading docks and extensive parking.
    • Located in a robust industrial community with a business‑friendly atmosphere.

    Overview

    Located at 951-961 Thorndale Ave in Bensenville, IL, this industrial property offers a leasing opportunity suitable for manufacturing and distribution needs. The property features a versatile layout, high ceilings, and ample power capacity. It includes expansive warehouse space and well-appointed office areas designed to facilitate streamlined operations. Multiple loading docks and extensive parking are available for employees and visitors. The property's location provides connectivity to major transportation routes, supporting logistics and supply chain management. The surrounding area offers a prime industrial and manufacturing environment with convenient access to O'Hare International Airport and major transportation routes including I-294 and I-290. The nearby industrial community provides access to a robust workforce and a business-friendly atmosphere. Local amenities such as restaurants, hotels, and retail centers are also available. The property has a size of 120985 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    St. George Logistics ... Warehouse & Storage

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bensenville
    County
    DuPage
    State
    Illinois
    Longitude
    -87.954943
    Latitude
    41.983746

    Nearby Similar for Lease

    • $129-$3,066/Mo
      11-1,292 SF

      IL, Bensenville - W Grand Ave

      205 Grand Ave, Unit 1ST, Bensenville, IL 60106
      View Details
    • Contact for pricing

      Commercial Space in Bensenville, IL

      Commercial space for rent in Bensenville, Illinois.
      1101 W IRVING PARK Road, Bensenville, IL 60106
      View Details
    • $13 SF/Yr
      14,373 SF

      Industrial Building in O'Hare Market

      14,373 SF industrial building for lease in Bensenville, IL.
      201-207 William Street, Bensenville, IL 60106
      View Details
    • $11 SF/Yr
      45,377 SF

      O'Hare Area Industrial Spaces

      Industrial spaces for lease with office space and drive-in doors.
      750-820 Birginal, Bensenville, IL 60106
      View Details
    • Contact for pricing
      25,600 SF

      Warehouse with Renovated Office Space

      25,600 SF warehouse with 3,204 SF renovated office.
      1149 N. Ellis Street | Bensenville, IL 60106
      View Details
    • $11 SF/Yr
      45,377 SF

      O'Hare Industrial Spaces For Lease

      Industrial spaces for lease with easy access and great location.
      1000-1100 Bryn Mawr, Bensenville, IL 60106
      View Details
    • Contact for pricing
      106,115 SF

      Industrial Building Near O'Hare Airport

      106,115 SF industrial space near O'Hare south cargo entrance.
      855 Foster Ave., Bensenville, IL 60106
      View Details
    • $11 SF/Yr
      53,371 SF

      DuPage County Industrial Units Available

      Industrial units in established park, convenient location, easy transportation access.
      1230-1300 Mark St., Bensenville, IL 60106
      View Details
    • Contact for pricing
      21,800 SF

      Bensenville Industrial Space For Lease

      21,800 SF industrial space with convenient O’Hare access.
      290-300 Beeline Drive, Bensenville, IL 60106
      View Details
    • $11 SF/Yr
      14,500 SF

      Bensenville Warehouse Space Available

      14,500 sq ft warehouse space for lease.
      884 County Line Rd, Bensenville, IL 60106
      View Details
    • Contact for pricing
      10,692 SF

      Bensenville Flex Space Available

      10,692 SF flex space with ample parking.
      1140 Tower Lane, Bensenville, IL 60106
      View Details
    • $13 SF/Yr
      4,296 SF

      Bensenville Flex Space Available

      Flex space for rent near I-390 and I-290/I-355.
      840-860 Eagle Dr, Bensenville, IL
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Modern industrial property with versatile layout in Bensenville, Illinois.
    Where is this manufacturing property located?
    The property is located at 951-961 Thorndale Ave Bensenville, IL.
    What are key features of this property?
    This property features: Prime location with convenient access to O'Hare International Airport, I‑294, and I‑290.; Versatile layout suitable for manufacturing and distribution.; High ceilings and ample power capacity.
    (253) 203-1320
    We can help!
    Listing Contact
    Kyle Schipper, 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
    951-961 Thorndale Ave, Bensenville, IL 60106
    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!