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

    9749-9755 Irving Park Rd Schiller Park, IL 60176

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available on a signalized hard corner location.

    Property size:
    2,817 SF
    Lot size:
    0.38 Acres

    Property Features for 9749-9755 Irving Park Rd

    General Information

    Size
    2,817 SF
    Lot size
    0.38 Acres

    We can help!

    Listing Contact
    Payton Bromer
    Payton Bromer
    Source: Moodyscre

    Listing Agency: Caton Commercial Listing Agent: Payton Bromer

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

    Learn more

    Overview

    Retail Space on Hard Corner

    This retail space is located on the signalized hard corner of 25th Avenue and Irving Park Road. The property is situated approximately 0.5 miles from I-294 and less than 5 miles from O’Hare International Airport. The location benefits from high visibility and traffic counts. The property offers a total space of 2,817 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Schiller Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.870648
    Latitude
    41.9551103

    Nearby Similar for Lease

    • Contact for pricing

      Prime Commercial Space in Franklin Park

      High-visibility retail/office space in luxury apartment building.
      9600 Franklin Ave, Franklin Park, IL 60131
      View Details
    • Contact for pricing

      Retail Space with Ample Parking

      Retail space available in shopping center with high traffic.
      2713-2745 Mannheim Rd, Franklin Park, IL 60131
      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
    • $11 SF/Yr

      O'Hare Industrial Market Units

      Units in O'Hare Industrial Market with dock access.
      10915-10929 Franklin Ave, Franklin Park, IL 60131
      View Details
    • Contact for pricing

      Air Conditioned Warehouse and Distribution

      Meticulously maintained warehouse with ample parking and heavy power.
      3708 River Rd, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      54,965 SF

      Franklin Park Warehouse Space Available

      54,965 SF warehouse space with convenient highway access.
      10800 Belmont Ave, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      50,802 SF

      Franklin Park Warehouse Space Available

      50,802 SF warehouse space with convenient highway access.
      10900 West Belmont Ave, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      27,010 SF

      Schiller Park Industrial Space Available

      27,010 SF industrial space near O'Hare Airport.
      4306 United Pkwy, Schiller Park, IL 60176
      View Details
    • Contact for pricing
      69,616 SF

      Franklin Park Warehouse Space

      69,616 sqft warehouse available for lease in Franklin Park.
      10701 Franklin Ave, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      16,200 SF

      Schiller Park Industrial Space Available

      26,872 SF industrial space near O'Hare Airport.
      4210 Trans World Rd, Schiller Park, IL 60176
      View Details
    • $8 SF/Yr
      25,800 SF

      Multi-Tenant Industrial Building Near Airport

      25,800 SF industrial building with three vacancies near O'Hare.
      4645-65 Leland Ave, Schiller Park, IL 60176
      View Details
    • Contact for pricing
      73,305 SF

      Franklin Park Warehouse Space

      45,805 square foot warehouse available for lease.
      11101 Franklin Ave, Franklin Park, IL 60131
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available on a signalized hard corner location.
    Where is this retail space located?
    The property is located at 9749-9755 Irving Park Rd Schiller Park, IL.
    What are key features of this property?
    This property features: - Signalized hard corner location at 25th Ave and Irving Park Road; - High visibility and traffic counts; - 0.5 miles from I-294
    (224) 523-0256 Call to check price and availability
    Request Owner's contact information
    9749-9755 Irving Park Rd Schiller Park, IL 60176
    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.
    9749-9755 Irving Park Rd
    Schiller Park, IL 60176
    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
    9749-9755 Irving Park Rd Schiller Park, IL 60176
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Payton Bromer
    Payton Bromer
    (224) 523-0256 (815) 436-5700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!