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    1501 N Michael Dr Wood Dale, IL 60191

    For Lease
    Contact for pricing

    172,018 SF industrial space available for sublease.

    Property size:
    172,018 SF
    Lot size:
    172,018 SF

    Property Features for 1501 N Michael Dr

    General Information

    Size
    172,018 SF

    Building Details

    Year built
    1985

    Source: Eric Tresslar Agent Eric Tresslar

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sublease Industrial Space Available

    This 172,018 square foot industrial space is available for sublease on 6.76 acres. The property features 12,365 square feet of office space and a 22-foot clear height. It is equipped with 8 exterior docks, 4 interior docks, and 2 drive-in doors. The electrical capacity is 1,600 amps / 277-480 volts. Column spacing is 30 feet wide by 30 feet deep. There are 102 parking spaces available. The property is located in close proximity to I-390, Route 83, I-290, I-355, and O'Hare International Airport. The sublease term runs through December 21, 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Legend Micro Wholesaler Hyper Microsystems Inc Electronics Store FedEx Drop Box Mailing Service Arista Intermodal Inc. Freight Forwarding Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Hair Salon Wholesale Shop Clothing Store

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

    Similar Places Nearby

    C-Tech Logistics, P St Logistics, Maintenance Building for Salt Creek Golf Course, SOO Brand Solutions, Chancellory Business Park

    Location Insight

    • Map
    • Local Demand
    City
    Wood Dale
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9834604
    Latitude
    41.9914734

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    FAQs

    What type of property is this?
    Warehouse - 172,018 SF industrial space available for sublease.
    Where is this warehouse located?
    The property is located at 1501 N Michael Dr Wood Dale, IL.
    What are key features of this property?
    This property features: - 172,018 SF Available for Sublease; - Conveniently located with Proximity to I-390, Route 83, I-290, I-355, O'Hare International Airport; - Sublease term runs through December 21, 2026
    (312) 550-1005
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    1501 N Michael Dr Wood Dale, IL 60191
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    Realmo Value Estimation

    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.

    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.

    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
    1501 N Michael Dr Wood Dale, IL 60191
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