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    1023 Cernan Dr Bellwood, IL 60104

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    For Lease
    $8 SF/Yr

    Well-maintained, renovated warehouse with secured parking and highway access.

    Property size:
    38,000 SF
    Lot size:
    1.38 Acres

    Property Features for 1023 Cernan Dr

    General Information

    Size
    38,000 SF
    Lot size
    1.38 Acres

    Source: DarwinPW Realty/CORFAC International Agent Edward Wabick, SIOR

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

    Overview

    Renovated Warehouse Near I-290

    This well-maintained property is part of a 54,448 square foot building and is divisible to 14,000 square feet. The space features newly renovated office and warehouse areas. It is ideally suited for contractor facilities, warehousing, or light manufacturing. A gated and secured parking lot is available. The property offers immediate access to I-290, just off 25th Avenue, and is close to Downtown Chicago. O'Hare International Airport is located within minutes of the property. A strong labor base is located nearby.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mobilia Craft,Inc. Woodworker Re Do It ... Hydraulic Repair Service Allied Mechanical Contractors, ... Hvac Contractor SurfaceWerks Chicago Countertop Store

    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.

    Similar Places Nearby

    CubeSmart Self Storage, Public Storage, Dependi Care Shipping And Receiving, Self-Storage at U-Haul, Logistic Solutions

    Location Insight

    • Map
    • Local Demand
    City
    Bellwood
    County
    Cook
    State
    Illinois
    Longitude
    -87.8674263
    Latitude
    41.8737578

    Nearby Similar for Lease

    • Contact for pricing
      48,000 SF

      Renovated Warehouse with Outdoor Storage

      Renovated warehouse featuring heavy outside storage and proximity to highways.
      3000 Saint Charles Rd, Bellwood, IL 60104
      View Details
    • $8 SF/Yr
      54,448 SF

      Industrial Space Available For Lease

      Industrial property with 54,448 square feet available for lease.
      Bellwood, IL 60104
      View Details

    FAQs

    What type of property is this?
    Warehouse - Well-maintained, renovated warehouse with secured parking and highway access.
    Where is this warehouse located?
    The property is located at 1023 Cernan Dr Bellwood, IL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Immediate access to I-290; - Gated secured parking lot; - Newly renovated office and warehouse space
    (708) 220-5539
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    1023 Cernan Dr Bellwood, IL 60104
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    Bellwood, IL 60104
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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
    1023 Cernan Dr Bellwood, IL 60104
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