1605 N 31st Ave Melrose Park, IL 60160
10,060 SF manufacturing warehouse with two units.
Type:Warehouse
Property size:
10,060 SFLot size:
0.40 AcresPrice / SF:
$84/SF- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:34 am
Property Features for 1605 N 31st Ave
General Information
- Standard status
- Active
- Size
- 10,060 SF
- Lot size
- 0.40 Acres
- Property subtype
- Warehouse
Building Details
- Year Built
- 1959
Listing agent Reese D. Isacson License #License(s): IL: 475.21653 (312) 327-5459
Listing office (312) 327-5459
Listing date Apr 3, 2026
Source Marcusmillichap
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 Reese D. Isacson
Overview
Melrose Park Manufacturing Warehouse
Located at 1605 to 1609 North 31st Avenue in Melrose Park, Illinois, this property features approximately 10,060 square feet of manufacturing warehouse space on a 0.40-acre lot. The multi-tenant building has masonry construction with a metal roof, two units, and a 14-foot clear height. It includes two dock-high doors, two grade-level doors, and two HVAC units. The electrical capacity is 200 amps with 220 volts, and there are 12 parking spaces. The property is fully leased and equally occupied by F.W. Kline, Inc., a commercial door hardware provider, and Your Custom Cabinetry, a custom builder of high-end residential cabinetry. The average lease rate is $12.30 per square foot, with annual escalations of 3.0 percent. One of the leases expires at the start of October 2026, offering potential for partial owner use. The property is located 6.8 miles south of Chicago O’Hare International Airport, with convenient access to Interstates 294, 290, and 88. The property is situated within the West Cook North submarket, which contains 62.2 million square feet of industrial space.
Location Intelligence
Current Use by Public Records
Multi Serve
Construction Company
F.W. Kline, Inc.
Hardware & Home Improvement
Similar Places Nearby
- Door to Door Storage & Moving — 1502 25th Ave, Melrose Park, IL 60160
- VG Division Storage — 3000 Division St, Melrose Park, IL 60160
- Melrose Self Storage — 3717 W Lake St, Melrose Park, IL 60160
- Mass Movement, Inc. — 2684 W Lake St, Melrose Park, IL 60160
- Bernard Movers — 1502 25th Ave, Melrose Park, IL 60160
Location Insight
- Map
- Local Demand
- City
- Melrose Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.8710872
- Latitude
- 41.9023586
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 10,060 SF manufacturing warehouse with two units.
Where is this warehouse located?
The property is located at 1605 N 31st Ave Melrose Park, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully leased multi‑tenant asset providing immediate income.; Below replacement cost at $86.98 per square foot.; Located in the West Cook North submarket with rents growing at twice the national average (3.2%).
