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    2407-2457 W North Ave Melrose Park, IL 60160

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    For Lease
    Contact for pricing

    Warehouse/distribution space with immediate highway and airport access.

    Property size:
    248,912 SF
    Lot size:
    34.89 Acres

    Property Features for 2407-2457 W North Ave

    General Information

    Size
    248,912 SF
    Lot size
    34.89 Acres

    Source: CBRE | Chicago Agent Jason Lev

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

    Overview

    Melrose Park Warehouse Space

    This property offers 248912 square feet of warehouse and industrial space suitable for distribution purposes. The facility is professionally managed and benefits from its location with immediate access to I-294 and I-290 via 4-way interchanges at North Avenue. Its location also provides proximity to O'Hare International Airport.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Door to Door Storage & Moving, VG Division Storage, Whipped Self Storage Units, Little Self Storage Units, Bernard Movers

    Location Insight

    • Map
    • Local Demand
    City
    Melrose Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.864441
    Latitude
    41.909869

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    FAQs

    What type of property is this?
    Warehouse - Warehouse/distribution space with immediate highway and airport access.
    Where is this warehouse located?
    The property is located at 2407-2457 W North Ave Melrose Park, IL.
    What are key features of this property?
    This property features: - Immediate access to I-294 and I-290 via 4-way interchanges.; - Proximity to O'Hare International Airport.; - Institutionally owned.
    (847) 706-4997
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    2407-2457 W North Ave 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
    2407-2457 W North Ave Melrose Park, IL 60160
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