Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    858-901 North Central Ave Wood Dale, IL 60191

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr

    Industrial units for lease in established O'Hare market area.

    Property size:
    71,109 SF
    Lot size:
    71,109 SF

    Property Features for 858-901 North Central Ave

    General Information

    Size
    71,109 SF

    We can help!

    Listing Contact
    Trinity Scurto, SIOR
    Source: Browncommercialgroup

    Listing Agent: Trinity Scurto, SIOR

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

    Learn more

    Overview

    O'Hare Area Industrial Units

    Industrial units are available for lease within an established industrial park. The property is situated in the convenient O'Hare market area, offering proximity to major transportation routes. These routes include nearby Illinois Route 390, Route 83, Interstate 290, and Interstate 90. The property encompasses a total area of 71109 square feet.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Wholesale Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wood Dale
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9728674
    Latitude
    41.9805736

    Nearby Similar for Lease

    • Contact for pricing

      Prime Commercial Space in Wood Dale

      High-visibility commercial space near Metra and major highways.
      170 W Irving Park Rd, Wood Dale, IL 60191
      View Details
    • Contact for pricing
      16,117 SF

      Retail Space in Wood Dale

      1,050 SF white box retail space for lease.
      369 N Wood Dale Rd, Wood Dale, IL 60191
      View Details
    • Contact for pricing

      Well-Maintained Building in Town Center

      Free-standing building in a busy business district with high traffic.
      130 W Irving Park Rd, Wood Dale, IL 60191
      View Details
    • Contact for pricing

      Well-Maintained Building in Town Center

      Free-standing building in a busy business district with many features.
      130 W Irving Park Rd, Wood Dale, IL 60191
      View Details
    • Contact for pricing
      12,204 SF

      Versatile Flex Space in Wood Dale

      Modern flex space with customization options and convenient location.
      820 Sivert Dr, Wood Dale, IL 60191
      View Details
    • Contact for pricing
      57,005 SF

      Wood Dale Industrial Space Available

      26,990 SF industrial space with office near O'Hare.
      712 N Central Ave, Wood Dale, IL 60191
      View Details
    • Contact for pricing
      72,795 SF

      Wood Dale Industrial/Office Space

      72,795 SF Warehouse & Office
      1400 Mittel Blvd, Wood Dale, IL 60191
      View Details
    • Contact for pricing
      172,018 SF

      Sublease Industrial Space Available

      172,018 SF industrial space available for sublease.
      1501 N Michael Dr, Wood Dale, IL 60191
      View Details
    • Contact for pricing
      24,484 SF

      Freestanding Building with I-390 Frontage

      24,484 SF building for lease with quick highway access.
      989 Aec Dr, Wood Dale, IL 60191
      View Details
    • Contact for pricing
      40,000 SF

      Edgewood Ave Industrial/Office Space

      Wood Dale, IL: 5,000 SF Available
      763 Edgewood Ave, Wood Dale, IL 60191
      View Details
    • Contact for pricing
      43,958 SF

      Wood Dale Warehouse Space Available

      Industrial space for lease in Wood Dale, IL
      908-938 Central Ave, Wood Dale, IL 60191
      View Details
    • Contact for pricing
      8,000 SF

      Executive Office Suite, Wood Dale IL

      8,000 SF Office Space Available
      110 Irving Park Rd, Wood Dale, IL 60191
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial units for lease in established O'Hare market area.
    Where is this industrial property located?
    The property is located at 858-901 North Central Ave Wood Dale, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Convenient O'Hare market area location.; - Proximity to major transportation routes (IL Rt. 390, Rt. 83, I-290, I-90).; - Industrial units available for lease.
    (847) 758-9200
    Request Owner's contact information
    858-901 North Central Ave Wood Dale, IL 60191
    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.
    858-901 North Central Ave
    Wood Dale, IL 60191
    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
    858-901 North Central Ave Wood Dale, IL 60191
    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!
    Listing Contact
    Trinity Scurto, SIOR
    (847) 758-9200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.