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    4260 Old River Rd Schiller Park, IL 60176

    For Sale
    $1,100,000

    Commercial building near hotels and O'Hare Airport.

    Lot size:
    0.42 Acres

    Property Features for 4260 Old River Rd

    General Information

    Lot size
    0.42 Acres

    Building Details

    Year built
    1976

    Source: US RELIANCE SOLUTIONS INC Agent Grace Ren

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

    Overview

    Commercial Building Near O'Hare Airport

    This commercial building, suitable for restaurant, bar, or food production businesses, is located in close proximity to over 10 hotels and less than 3 miles from Chicago O'Hare International Airport. Constructed of masonry block poured concrete walls, the building has a gross building area of 15,365 square feet. In 2014, the property was converted to cold storage with a total investment of $1,000,000. The property has potential for office or private rooms. Additional features include a loading dock at the back and a 14-foot ceiling height. The property is zoned commercial C-2.
    Insight Report Location Intelligence

    Current Use by Public Records

    Food Evolution Catering Food And Drink Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Similar Places Nearby

    Pasteleria Durango, Apropo Services Inc, Breakfast in Bed

    Location Insight

    • Map
    • Local Demand
    City
    Schiller Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8611202
    Latitude
    41.9567472

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    FAQs

    What type of property is this?
    Restaurant - Commercial building near hotels and O'Hare Airport.
    Where is this restaurant located?
    The property is located at 4260 Old River Rd Schiller Park, IL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime location less than 3 miles from Chicago O'Hare International Airport.; - Ideal for restaurant, bar, or food production businesses.; - Substantial cold storage conversion in 2014 representing a $1,000,000 investment.
    (407) 408-8841
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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
    4260 Old River Rd Schiller Park, IL 60176
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