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Functional Manufacturing Facility with Power
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1945 Ohio St, Lisle, IL

Manufacturing facility with heavy power and redevelopment potential.

Property Size50,000 SF
Lot Size6.56 Acres
Price / SF$110
Days on Market247

Property Features for 1945 Ohio St

General Information

Standard status Active
Size 50,000 SF
Lot size 6.56 Acres
Property subtype INDUSTRIAL
Listing Agency: Lee & Associates | Chicago
Listed By: Michael Plumb · License #475112030
Source: Moodyscre
Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Jul 21 at 8:06AM

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 Lee & Associates | Chicago

Investment Insights

Based on property information with market context.

This is a highly functional manufacturing facility equipped with heavy power. The property is located in an area with limited land available for new development along the I-88 corridor and within the central Dupage submarkets. A deep pool of skilled manufacturing labor is available in the immediate area. The location provides immediate access to I-355 via Ogden Avenue or Maple Avenue. The property offers a covered land play with future redevelopment opportunities. The property contains 50,000 square feet and is located in Lisle, Illinois.

Key Highlights

  • Highly functional manufacturing facility with heavy power
  • Immediate access to I‑355
  • Extremely limited land for new development in the area

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $324.0k $6.48
− Vacancy −$16.5k −$0.33
EGI $307.5k $6.15
− OpEx −$92.2k −$1.84
NOI $215.2k $4.30
50,000 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 30.00%

Alternative Uses

Best Use
Industrial
$3.07M
$2.69M – $3.59M (±1% cap)
NOI $215,233 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$17.26M
$15.10M – $20.14M (±1% cap)
NOI $1,208,390 @ 7.0% cap · market cap 21.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dana Incorporated Industrial Manufacturer

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Restaurant Pharmacy Building Supply Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

744
Businesses Nearby

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Manufacturing facility with heavy power and redevelopment potential.
Where is this manufacturing property located?
The property is located at 1945 Ohio St Lisle, IL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Highly functional manufacturing facility with heavy power; Immediate access to I‑355; Extremely limited land for new development in the area
(847) 560-0481 Call to check price and availability
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