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Addison Industrial Building For Lease

444 W Interstate Rd Addison, IL

444 W Interstate Rd, Addison, IL, 00000
Contact for pricing
For Sale
Contact for pricing

26,780 SF industrial building with flexible space options.

Property Size26,780 SF
Lot Size1.26 Acres
Price / SF$100.82
Days on Market435

Property Features for 444 W Interstate Rd

General Information

Standard status
Active
Size
26,780 SF
Lot size
1.26 Acres
Property subtype
INDUSTRIAL

Properties For Sale

at 444 W Interstate Rd Contact us
Listing Agency Transwestern | Rosemont
Listed by Joe Karmin
Source Moodyscre
Added: May 13, 2025 Updated: Jul 6 at 8:56 am Checked: Jul 19 at 5:13 am

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 Transwestern | Rosemont


Investment Insights

Based on property information with market context.

This industrial building in Addison, Illinois, offers approximately 26,780 square feet of space on a 1.15-acre lot. The building, constructed in 1959 of masonry, is zoned M-2 (General Manufacturing). It features an office area of approximately 2,500 square feet and a ceiling height of 12 to 14 feet clear. Loading is facilitated by three exterior docks and two drive-in doors. The property is equipped with 1200A 240V and 1200A 480V power. Parking is available for approximately 30 cars. The building is heated by gas and can be divided down to approximately 5,000 square feet.

Key Highlights

  • Large building size: ±26,780 SF, divisible to ±5,000 SF, offering flexibility.
  • Significant power capacity: 1200A 240V and 1200A 480V, suitable for industrial operations.
  • Functional loading capabilities: 3 exterior docks and 2 drive‑in doors for efficient logistics.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $173.5k $6.48
− Vacancy −$8.9k −$0.33
EGI $164.7k $6.15
− OpEx −$24.7k −$0.92
NOI $140.0k $5.23
26,780 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$2.00M
$1.75M – $2.33M (±1% cap)
NOI $139,982 @ 7.0% cap · market cap 5.18%
Second Best
Industrial
$1.65M
$1.44M – $1.92M (±1% cap)
NOI $115,279 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$9.25M
$8.09M – $10.79M (±1% cap)
NOI $647,214 @ 7.0% cap · market cap 23.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Camtron Systems Inc Medical Supply Store Midwest Label Resources Marketing & Advertising

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Nail Salon Dental Office Skin Care Clinic Hair Salon Parking Lot & Garage Pharmacy Accounting Firm

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

FAQs

What type of property is this?
Manufacturing property - 26,780 SF industrial building with flexible space options.
Where is this manufacturing property located?
The property is located at 444 W Interstate Rd Addison, IL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Large building size: ±26,780 SF, divisible to ±5,000 SF, offering flexibility.; Significant power capacity: 1200A 240V and 1200A 480V, suitable for industrial operations.; Functional loading capabilities: 3 exterior docks and 2 drive‑in doors for efficient logistics.
Contact an agent
(847) 588-5670 Call to check price and availability
More about this property
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