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    2129 N Mannheim Rd Melrose Park, IL 60165

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    For Sale
    $5,500,000

    Industrial property in strong O'Hare submarket with redevelopment potential.

    Property size:
    65,000 SF
    Lot size:
    4.49 Acres

    Property Features for 2129 N Mannheim Rd

    General Information

    Size
    65,000 SF
    Lot size
    4.49 Acres

    Source: John Greene Commercial Agent Shamus Conneely

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

    Overview

    O'Hare Area Industrial Opportunity

    This industrial property is located within a strong O'Hare submarket in an industrial park setting. It offers proximity to interstates, the airport, and rail lines. The property features a strong credit tenant and releasing upside, presenting a redevelopment opportunity. The property size is 65000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    U-Stor-It Self Storage - Melrose Park, VG Division Storage, Melrose Self Storage, Diversified Entities, LLC

    Location Insight

    • Map
    • Local Demand
    City
    Melrose Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8837293
    Latitude
    41.9164023

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    FAQs

    What type of property is this?
    Warehouse - Industrial property in strong O'Hare submarket with redevelopment potential.
    Where is this warehouse located?
    The property is located at 2129 N Mannheim Rd Melrose Park, IL.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Strong credit tenant in place.; - Proximity to interstates, airport and rail for ease of access.; - Redevelopment opportunity for future growth.
    (773) 814-3378
    Request Owner's contact information
    2129 N Mannheim Rd Melrose Park, IL 60165
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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
    2129 N Mannheim Rd Melrose Park, IL 60165
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