6851-6853 W Irving Park Rd, Chicago, IL
9,000 SF Chicago facility for refrigerated and frozen food production.
- Added:
- Apr 10, 2025
- Days on Market:
- 432
- Last Refresh:
- May 20 at 9:30 pm
Property Features for 6851-6853 W Irving Park Rd
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Lot size
- 0.27 Acres
- Property subtype
- INDUSTRIAL
Listing agent Jason Lev (847) 706-4997
Listing office CBRE | Chicago (847) 706-4997
Listing date Apr 10, 2025
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 CBRE | Chicago
HighLights
- 9,000 SF building designed for refrigerated and frozen food production.
- Temperature‑controlled staging area with exterior loading dock.
- Multiple specialized rooms: 2 production rooms, main cooler, additional cooler, and freezer.
- Varying ceiling heights (15'-18'2") to accommodate different production needs.
- Specialized flooring: Epoxy seal, sloped with stainless steel floor drains.
- Fiberglass‑reinforced walls and ceiling panels.
Overview
Local 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 | $84.9k | $9.43 |
| − Vacancy | −$4.2k | −$0.47 |
| EGI | $80.6k | $8.96 |
| − OpEx | −$24.2k | −$2.69 |
| NOI | $56.4k | $6.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7981
- Latitude
- 41.9526
