Melrose Park Warehouse Sublease
For Lease
$7.95 SF/Yr
2050 Cornell Avenue, Melrose Park, IL 60160
Available warehouse sublease in Melrose Park with office space.
Property Size196,212 SF
Days on Market129
Property Features for 2050 Cornell Avenue
General Information
Standard status
Active
Size
196,212 SF
Property subtype
Industrial
Listing Agency:
CBRE | Chicago
(630) 368-5548
Listed By:
Jimmy Kowalczyk
(630) 368-5548
Source:
Cbre
Added: Mar 25
Changed: Jul 10
Last Checked: Jul 30 at 2:54AM
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
Investment Insights
Based on property information with market context.
A sublease opportunity exists within a new construction warehouse, offering approximately 196,212 square feet. The property includes approximately 3,572 square feet of office space. The building's total size is 706,866 square feet and features a 40-foot ceiling height. Loading and unloading are facilitated by 21 exterior docks, including 8 ULD exterior docks, and 1 drive-in door. The truck court measures 130 feet. Parking is available with 169 car spaces and 36 trailer stalls. Located at the southwest corner of Armitage Avenue and Cornell Avenue in Melrose Park, Illinois, the warehouse is ESFR sprinklered. Short or long term sublease options are available.
Key Highlights
- Sublease of ±196,212 SF in a new construction building.
- Benefit from the impressive 40' ceiling height.
- Features 21 exterior docks and 8 ULD exterior docks.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.19 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60160, IL
24,776
Population
8,947
Households
2.8
Avg Household Size
35
Median Age
15%
College-Educated
71%
High-School Grad
4.6 sq mi
ZIP Area
5,386
Density / Sq Mi
$64,740
Median Household Income
$39,722
Median Earnings
$1,194
Median Rent
$265,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- U-Stor-It Self Storage - Melrose Park — 4501 W North Ave, Melrose Park, IL 60160
- Joyce Bros Storage & Van Co — 1915 Janice Ave, Melrose Park, IL 60160
Frequently Asked Questions
What type of property is this?
Warehouse - Available warehouse sublease in Melrose Park with office space.
Where is this warehouse located?
The property is located at 2050 Cornell Avenue Melrose Park, IL.
What is the lease rate?
The lease rate is $7.95 SF/Yr.
What are key features of this property?
This property features: Sublease of ±196,212 SF in a new construction building.; Benefit from the impressive 40' ceiling height.; Features 21 exterior docks and 8 ULD exterior docks.
