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    1401 Cir Ave Forest Park, IL

    For Sale
    $3,500,000

    45,000 SF building suitable for flex or industrial uses.

    Property size:
    45,000 SF
    Lot size:
    2.09 Acres

    Property Features for 1401 Cir Ave

    General Information

    Size
    45,000 SF
    Lot size
    2.09 Acres

    Source: Strauss Realty, Ltd. Agent Adam Schneiderman

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

    Overview

    45,000 SF Flex/Industrial Building

    The property features a 45,000 square foot building situated on 2.019 acres. Ceiling heights range from 14 to 20 feet. Loading and unloading are facilitated by 2 docks and 3 drive-in doors. The site includes 30 parking spaces and a wet sprinkler system. Current tenants include a gymnastics center, an MMA gym, and a baseball group. Vacant spaces include an 11,000 square foot first-floor warehouse/production space and a 4,500 square foot second-floor office/flex space. Nearby businesses include Forest Park Plaza, North Riverside Park Mall, Walmart, Jewel-Osco, Salerno’s, Taco Bell, Culver’s and Lucky Dog.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    Scratch Catering & Parties, Zesty Catering, Just Dip It Tacos, Cactus Grill Mexican Restaurant and catering, Starship Restaurant & Catering

    Map

    City
    Forest Park
    County
    Will
    State
    Illinois
    Longitude
    -88.122775
    Latitude
    41.523475

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    FAQs

    What type of property is this?
    Flex space - 45,000 SF building suitable for flex or industrial uses.
    Where is this flex space located?
    The property is located at 1401 Cir Ave Forest Park, IL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - 11,000 SF of vacant 1st-floor warehouse/production space available.; - 45,000 SF building on 2.019 acres.; - Features 14’-20’ clear ceiling heights.
    (847) 826-4467
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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
    1401 Cir Ave Forest Park, IL
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