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    7311 Croname Rd Niles, IL 60714

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    For Lease
    $12 SF/Yr ($4,100 /Mo)

    Flex space with loading docks and high traffic exposure.

    Property size:
    3,800 SF
    Lot size:
    1.26 Acres

    Property Features for 7311 Croname Rd

    General Information

    Size
    3,800 SF
    Lot size
    1.26 Acres

    Source: McLennan Commercial Properties Agent Jim Conrad

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

    Overview

    Industrial Units with Loading Docks

    This property offers flex space and industrial units with private access to one loading dock per unit. The building is fully sprinklered and includes approximately 10% office space within each unit. Off-street parking is available. The location on Gross Point Road provides high traffic exposure for industrial tenants. Tenants are responsible for a CAM fee in addition to rent. The property is located at 7311 Croname Rd, Niles, IL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Cook
    State
    Illinois
    Longitude
    -87.7850613
    Latitude
    42.0159188

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    FAQs

    What type of property is this?
    Flex space - Flex space with loading docks and high traffic exposure.
    Where is this flex space located?
    The property is located at 7311 Croname Rd Niles, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Private loading dock per unit for CONVENIENT ACCESS.; - High traffic exposure on Gross Point Road.; - Approximately 10% office space per unit.
    (847) 825-0011
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    7311 Croname Rd Niles, IL 60714
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    Niles, IL 60714
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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
    7311 Croname Rd Niles, IL 60714
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