Forest Park Industrial Building For Sale

1401 S Circle Avenue, Forest Park, IL 60130

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For Sale

$3,400,000

45,000 SF industrial building with diverse tenant mix.

Type:Commercial/Industrial

Property size:

45,000 SF

Lot size:

2.02 Acres

Price / SF:

$75/SF

HighLights

Excellent user/investment opportunity in an affluent suburb.
Significant income potential with a Net Operating Income (NOI) of $261K.
45,000 SF industrial building with flexible space and 14'-20' ceiling heights.
Includes 2 docks and 3 drive‑in doors for convenient loading and unloading.
Vacant 4,500 SF space available for immediate lease, offering additional income potential.
Convenient location near I‑290, retail amenities (Walmart, Costco, North Riverside Mall), and public transportation (Harlem Blue Line).

We can help!

Listing Contact

Adam Schneiderman

For Sale

$3,400,000

45,000 SF industrial building with diverse tenant mix.

Type:Commercial/Industrial

Property size:

45,000 SF

Lot size:

2.02 Acres

Price / SF:

$75/SF

Added:: Mar 5, 2025
Days on Market:: 464
Last Refresh:: May 19 at 10:06 pm

Property Features for 1401 S Circle Avenue

General Information

Standard status: Active
Size: 45,000 SF
Lot size: 2.02 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1977

We can help!

Listing Contact

Adam Schneiderman

Listing agent Adam Schneiderman License #475149601

Listing office Strauss Realty Ltd

Listing date Mar 5, 2025

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HighLights

Excellent user/investment opportunity in an affluent suburb.
Significant income potential with a Net Operating Income (NOI) of $261K.
45,000 SF industrial building with flexible space and 14'-20' ceiling heights.
Includes 2 docks and 3 drive‑in doors for convenient loading and unloading.
Vacant 4,500 SF space available for immediate lease, offering additional income potential.
Convenient location near I‑290, retail amenities (Walmart, Costco, North Riverside Mall), and public transportation (Harlem Blue Line).

Overview

This 45,000 SF industrial building is situated on 2.019 acres in Forest Park. It presents an opportunity for users or investors. The property includes 2 docks, 3 drive-in doors, and 30 parking spaces. Ceiling heights range from 14' to 20'. Current tenants include a gymnastics center, an MMA gym, a baseball group, a softball travel program, and a rage room. The property features wet sprinklers. The Net Operating Income (NOI) is $261,000. Currently, there is one vacant space of 4,500 SF available for lease. The location offers convenient access to I-290 and various amenities, including Walmart, Costco, North Riverside Mall, and the Harlem Blue Line station.

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Location Insight

Map
Local Demand

City: Forest Park
County: Will
State: Illinois
Longitude: -87.8144
Latitude: 41.8677

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For sale
Flex space
IL
Forest Park
60130
1401 S Circle Avenue

What type of property is this?

Flex space - 45,000 SF industrial building with diverse tenant mix.

Where is this flex space located?

The property is located at 1401 S Circle Avenue Forest Park, IL.

What is the asking price?

The asking price for this property is $3,400,000.

What are key features of this property?

This property features: Excellent user/investment opportunity in an affluent suburb.; Significant income potential with a Net Operating Income (NOI) of $261K.; 45,000 SF industrial building with flexible space and 14'-20' ceiling heights.