Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9420 Byron St Schiller Park, IL 60176

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Three industrial buildings totaling 33,242 SF in Schiller Park.

    Property size:
    33,242 SF
    Lot size:
    2.60 Acres

    Property Features for 9420 Byron St

    General Information

    Size
    33,242 SF
    Lot size
    2.60 Acres

    We can help!

    Listing Contact
    Daniel Cawley, Sior
    Source: Moodyscre

    Listing Agent: Daniel Cawley, Sior

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

    Learn more

    Overview

    Schiller Park Industrial Portfolio

    This portfolio features three industrial buildings totaling 33,242 square feet. The property offers versatile manufacturing and warehouse spaces suitable for a variety of industrial uses, as it is zoned I-1. The site is completely vacant and available for immediate occupancy or redevelopment. The buildings feature three drive-in doors to facilitate efficient loading and unloading. Heavy power, with 800 amps at 240 volts and 3-phase, is available for machinery-intensive operations. Located in Schiller Park, the property benefits from proximity to labor and transportation. The property offers expansion and customization potential to meet specific operational needs. This is a rare small-bay industrial offering.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Schiller Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8618024
    Latitude
    41.9501454

    Nearby Similar for Sale

    • $699,000
      0.11 Acres

      Franklin Park Multifamily Investment Opportunity

      Six-unit multifamily property in Franklin Park, Illinois, with value-add potential.
      3037 Bright St, Franklin Park, IL 60131
      View Details
    • $1,490,000
      0.41 Acres

      Schiller Park Bar/Lounge For Sale

      Remodeled bar/lounge in Schiller Park near O'Hare Airport.
      9823 Lawrence Ave, Schiller Park, IL 60176
      View Details
    • New
      $499,000

      Franklin Park Multifamily Property

      Two-unit building on a double lot with finished basement.
      2830 Edgington St, Franklin Park, IL 60131
      View Details
    • $2,100,000

      Schiller Park Multifamily Investment Opportunity

      Well-maintained 12-unit apartment building with stable income and multiple revenue streams.
      9231-9235 W Irving Park Rd, Schiller Park, IL 60176
      View Details
    • $999,000
      0.23 Acres

      Franklin Park Multifamily Investment Opportunity

      Two 10-unit buildings with recent upgrades and tax advantages.
      10548 Crown Rd, Franklin Park, IL 60131
      View Details
    • $1,100,000
      0.23 Acres

      Franklin Park Multifamily Investment Opportunity

      Two ten-unit apartment buildings with recent upgrades and tax benefits.
      10542 Crown Rd, Franklin Park, IL 60131
      View Details
    • $1,990,000
      0.45 Acres

      Schiller Park Restaurant/Bar Opportunity

      Restaurant/Bar with Real Estate and Liquor License in Schiller Park.
      9845 Lawrence Ave, Schiller Park, IL 60176
      View Details
    • $480,000
      0.17 Acres

      Franklin Park Industrial/Manufacturing Space

      Updated industrial/manufacturing property with convenient highway access.
      9125 Belden Ave, Franklin Park, IL 60131
      View Details
    • $1,700,000
      0.69 Acres

      Industrial Building in Franklin Park

      20,000 SF industrial building for sale in Franklin Park, IL.
      2330 17Th St, Franklin Park, IL 60131
      View Details
    • $179,000

      Updated Condo Near O'Hare Airport

      Updated condo near O'Hare, Rosemont, and major transportation.
      9501 Kelvin Ln, Schiller Park, IL 60176
      View Details
    • Contact for pricing
      38,000 SF

      Franklin Park Industrial Building For Sale

      38,000 SF industrial building with heavy power capacity.
      3845 Carnation St, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      35,000 SF

      Schiller Park Industrial Building For Sale

      35,000 SF industrial building in a sought-after Schiller Park location.
      9225 Ivanhoe St, Schiller Park, IL 60176
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Three industrial buildings totaling 33,242 SF in Schiller Park.
    Where is this manufacturing property located?
    The property is located at 9420 Byron St Schiller Park, IL.
    What are key features of this property?
    This property features: - Completely vacant portfolio of 3 industrial buildings totaling 33,242 SF, offering immediate occupancy or redevelopment potential.; - Rare small-bay industrial offering in Schiller Park.; - **800A/240V 3P heavy power suitable for machinery-intensive operations.**
    (630) 399-3764
    Request Owner's contact information
    9420 Byron St Schiller Park, IL 60176
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9420 Byron St
    Schiller Park, IL 60176
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    9420 Byron St Schiller Park, IL 60176
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Daniel Cawley, Sior
    (630) 399-3764
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.