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    2074 George St Melrose Park, IL 60160

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    For Lease
    $6,999,999

    Warehouse in a mature industrial and commercial mixed area.

    Property size:
    30,000 SF
    Lot size:
    2.76 Acres

    Property Features for 2074 George St

    General Information

    Size
    30,000 SF
    Lot size
    2.76 Acres

    Source: YOUMU Ventures LLC Agent Tony Liu

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

    Overview

    Warehouse in Industrial Area

    This warehouse is situated in an established industrial and commercial mixed-use area. The property offers potential for credit tenants seeking to lease between 10,000 and 30,000 square feet. The building includes 4,000 square feet of office space. New LED lighting was installed this year. The property is maintained in very good shape. The warehouse is located near various retail amenities, including Costco, Aldi, and Target, all within a 5-minute drive. It is also located near Amazon's new warehouse, which is 5 minutes away. Blackstone recently constructed three Class A industrial properties across the street. The property size is 30,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Top One Trucking Transportation Service

    Suggested Use

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

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

    Similar Places Nearby

    Public Storage, Go2 Cold/Freezer Storage, Go2 Cold Storage, AAA Movers LLC

    Location Insight

    • Map
    • Local Demand
    City
    Melrose Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.850703
    Latitude
    41.9149193

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    FAQs

    What type of property is this?
    Warehouse - Warehouse in a mature industrial and commercial mixed area.
    Where is this warehouse located?
    The property is located at 2074 George St Melrose Park, IL.
    What are key features of this property?
    This property features: - Proximity to Amazon's new warehouse (5 min away).; - Location in a mature industrial and commercial mixed area.; - Nearby Blackstone Class A industrial properties.
    (312) 888-5486
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    2074 George St Melrose Park, IL 60160
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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
    2074 George St Melrose Park, IL 60160
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