Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lombard Industrial Space For Lease Title is generated by Realmo AI

    950-960 N DuPage Avenue, Lombard, IL 60148

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Industrial spaces available in Lombard with immediate access to I-355.

    Type:Industrial
    Property size:
    2,533 SF
    Added:
    Mar 7, 2026
    Days on Market:
    91
    Last Refresh:
    Mar 7 at 7:05 pm

    Property Features for 950-960 N DuPage Avenue

    General Information

    Standard status
    Active
    Size
    2,533 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1988

    Spaces For Lease

    at 950-960 N DuPage Avenue Contact us

    We can help!

    Listing Contact
    Joe Karmin
    Joe Karmin

    Listing agent Joe Karmin

    Listing office Transwestern | Rosemont

    Listing date Mar 7, 2026

    Source Transwestern

    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 Transwestern | Rosemont

    HighLights

    • Immediate access to I‑355 and North Avenue.
    • Hard‑to‑find smaller industrial units.
    • Abundant parking.
    • Low DuPage County taxes ($2.21 PSF in 2024).
    • High‑image, well‑maintained business park.
    • Professionally owned and managed.

    Overview

    Industrial spaces ranging from approximately 2,533 to 2,666 square feet are available for lease at 950-960 N. DuPage Avenue, Lombard, IL. The property is located in a business park. Each unit includes office space ranging from approximately 473 to 706 square feet. The building was constructed in 1988 and features masonry construction. Ceiling heights reach approximately 14 feet clear. Each unit is equipped with one drive-in door. Power is supplied by a 400A 3PH system. The building size is approximately 17,871 SF. The property provides immediate access to I-355 and North Avenue. Real estate taxes are $2.21 PSF (2024).
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lombard
    County
    DuPage
    State
    Illinois
    Longitude
    -88.019849
    Latitude
    41.907253

    Nearby Similar for Lease

    • $22 SF/Yr
      1,836 SF

      Loft Style Office Space

      Office suite with open floor plan near Metra station.
      26 W Saint Charles Rd, Lombard, IL 60148
      View Details
    • $16 SF/Yr
      3,218 SF

      Lombard Office Space Available

      Office space for rent in Lombard, Illinois.
      555 Waters Edge, Lombard, IL
      View Details
    • Contact for pricing

      Professional Office Building For Lease

      Professional office and medical building in Lombard, Illinois.
      246 E Janata Boulevard, Lombard, IL 60148
      View Details
    • Contact for pricing
      2,335 SF

      Lombard Commercial Space For Rent

      Flex space with overhead door, suitable for commercial use.
      11 N Chase Avenue, Lombard, IL 60148
      View Details
    • Contact for pricing

      Functional Office Space Near Downtown

      Main-level office space near downtown Lombard and Metra station.
      103 Orchard Terrace, Lombard, IL 60148
      View Details
    • $19 SF/Yr
      5,182 SF

      Office Space with Upgraded Amenities

      Office space for rent with modern upgrades and ample parking.
      1910 S Highland Ave, Lombard, IL
      View Details
    • $17 SF/Yr

      Office Space Near Yorktown Center

      Move-in ready office space with abundant natural light.
      350 E. 22nd Street, Lombard, IL 60148
      View Details
    • Contact for pricing
      4,167 SF

      Lombard Industrial Units For Lease

      Industrial, flex, and office units available in Lombard, Illinois.
      120-157 Eisenhower Ln N, Lombard, IL 60148
      View Details
    • Contact for pricing
      18,055 SF

      Retail Space in Lombard Center

      Retail space for lease in established Lombard shopping center.
      2770 South Highland Avenue , Lombard, IL 60148
      View Details
    • Contact for pricing
      4,562 SF

      Lombard Industrial Space For Lease

      Industrial, flex, and office units available in Yorkbrook Business Park.
      51-87 Eisenhower Ln S, Lombard, IL 60148
      View Details
    • $69,000 SF/Yr
      69,000 SF

      Office-Flex Space Available For Rent

      Office-flex solutions with potential to evolve alongside your business.
      2050 Finley Rd, Lombard, IL 60148
      View Details
    • $15 SF/Yr
      1,735 SF

      Lombard Office Space For Rent

      Office space for rent with private entrances and on-site management.
      400 E 22nd St, Lombard, IL
      View Details

    FAQs

    What type of property is this?
    Flex space - Industrial spaces available in Lombard with immediate access to I-355.
    Where is this flex space located?
    The property is located at 950-960 N DuPage Avenue Lombard, IL.
    What are key features of this property?
    This property features: Immediate access to I‑355 and North Avenue.; Hard‑to‑find smaller industrial units.; Abundant parking.
    (847) 588-5670
    We can help!
    Listing Contact
    Joe Karmin
    Joe Karmin
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    950-960 N DuPage Avenue, Lombard, IL 60148
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!