Add Listing
    For Lease
    • 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

    9520 Seymour Ave Schiller Park, IL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Warehouse space with office, docks, drive-in door, and high ceilings.

    Type:INDUSTRIAL
    Property size:
    16,000 SF
    Lot size:
    0.94 Acres
    Added:
    Nov 12, 2024
    Days on Market:
    530
    Last Refresh:
    Apr 5 at 10:01 pm

    Property Features for 9520 Seymour Ave

    General Information

    Standard status
    Active
    Size
    16,000 SF
    Lot size
    0.94 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 9520 Seymour Ave Contact us

    We can help!

    Listing Contact
    Pat Crowley
    Pat Crowley

    Listing agent Pat Crowley

    Listing office Brown Commercial Group

    Listing date Nov 12, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Brown Commercial Group

    Overview

    Schiller Park Warehouse Space Available

    Available for lease is a warehouse space offering between 6,000 and 16,000 square feet suitable for overflow storage. The space includes a small office area. Ceiling heights range from 18 to 25 feet. The warehouse is equipped with 2 docks and 1 drive-in door. It features 440 volt power. The property is available immediately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

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

    Similar Places Nearby

    • Public Storage — 9700 W Irving Park Rd, Schiller Park, IL 60176
    • Strong Boys Moving Company inc. — 3871 Ruby St, Schiller Park, IL 60176
    • BILLS MOVING SERVICES — 4039 Prairie Ave, Schiller Park, IL 60176

    Location Insight

    • Map
    • Local Demand
    City
    Schiller Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.865
    Latitude
    41.9523

    Nearby Similar for Lease

    • $8 SF/Yr

      Multi-Tenant Industrial Building Near Airport

      25,800 SF industrial building with three vacancies near O'Hare.
      4645-65 North 25th Ave & 9865 Leland Ave, Schiller Park, IL 60176
      View Details
    • Contact for pricing

      Schiller Park Freestanding Industrial Facility

      Freestanding industrial facility with heavy power and central location.
      9515 Winona Avenue, Schiller Park, IL, 60176
      View Details
    • Contact for pricing

      Schiller Park Industrial Space Available

      27,010 SF industrial space near O'Hare Airport.
      4306 United Parkway, Schiller Park, IL, 60176
      View Details
    • Contact for pricing

      Schiller Park Industrial Space Available

      26,872 SF industrial space near O'Hare Airport.
      4210 Transworld Road, Schiller Park, IL, 60176
      View Details
    • $8 SF/Yr

      Schiller Park Warehouse Space Available

      Industrial warehouse space for rent in Schiller Park, Illinois.
      9831-9865 Leland Ave, Schiller Park, IL
      View Details
    • Contact for pricing

      Schiller Park Industrial/Flex Space

      5,002 SF industrial/flex space with office component for lease.
      Schiller Park, IL 60176
      View Details
    • Contact for pricing

      Schiller Park Warehouse Space Available

      Industrial warehouse space near O'Hare and major transportation routes.
      4250-4306 United Pkwy, Schiller Park, IL
      View Details
    • Contact for pricing

      New Industrial Space Near Airport

      Modern industrial facility with convenient access to O'Hare Airport.
      9555 Irving Park Rd, Schiller Park, IL
      View Details
    • Contact for pricing

      Retail Space on Hard Corner

      Retail space available on a signalized hard corner location.
      9749-9755 Irving Park Rd, Schiller Park, IL
      View Details
    • Contact for pricing

      Schiller Park Industrial Space Available

      Industrial park near O'Hare Airport, institutionally owned and managed.
      3737-3749 Rose St, Schiller Park, IL
      View Details
    • Contact for pricing

      Warehouse and Office Space Available

      6,000-16,000 SF warehouse and office space for rent.
      9520 Seymour Ave, Schiller Park, IL 60176
      View Details
    • Contact for pricing

      Schiller Park Warehouse Space Available

      Warehouse space with excellent access to major transportation routes.
      4205-4321 N United Pkwy, Schiller Park, IL
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse space with office, docks, drive-in door, and high ceilings.
    Where is this warehouse located?
    The property is located at 9520 Seymour Ave Schiller Park, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Available Immediately; 6,000 - 16,000 SF Overflow Storage Space Available; Lease Rate: $9.50/SF Gross
    (847) 758-9200 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Pat Crowley
    Pat Crowley
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!