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    5538-5550 N Hwy NW Chicago, IL

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    For Sale
    $2,250,000

    45,000 SF warehouse with excellent access to transportation.

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

    Property Features for 5538-5550 N Hwy NW

    General Information

    Size
    45,000 SF
    Lot size
    1.63 Acres

    Source: Avison Young | Suburban Chicago Agent Thomas Curtis

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

    Overview

    Chicago Warehouse Near Transportation Hubs

    This 45,000 square foot warehouse is located in Chicago, IL, and offers access to the central business district and O'Hare Airport. The property provides access to two Metra lines and the CTA Blue Line. It is located 0.4 miles from the Nagle/I-90 interchange and 0.8 miles from the Foster/I-90/94 interchange. The property features an excellent dock ratio and includes on-site and street parking.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

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    Map

    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6531805
    Latitude
    41.9007097

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    FAQs

    What type of property is this?
    Warehouse - 45,000 SF warehouse with excellent access to transportation.
    Where is this warehouse located?
    The property is located at 5538-5550 N Hwy NW Chicago, IL.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Unmatched access to two Metra lines and CTA Blue Line; - Great access to central business district and O'Hare Airport; - Excellent dock ratio
    (847) 372-7661
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    5538-5550 N Hwy NW Chicago, IL
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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
    5538-5550 N Hwy NW Chicago, IL
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