Yorkville Flex Space with
For Sale
Contact for pricing
1262 S Bridge St, Yorkville, IL 60560
Light industrial/flex property with showroom, warehouse, and fenced yard.
Property Size5,047 SF
Price / SF$237.57
Days on Market160
Property Features for 1262 S Bridge St
General Information
Standard status
Active
Size
5,047 SF
Property subtype
Industrial
Zoning
M-1
Building Details
Year Built
2004
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Century 21 Integra
(630) 486-7321
Listed By:
Jason Pesola · License #IL 475.164200
Source:
Crexi
Added: Mar 4
Changed: Aug 8
Last Checked: Aug 9 at 1:18PM
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 Century 21 Integra
Investment Insights
Based on property information with market context.
This light industrial/flex property, located just south of Downtown Yorkville, offers a total of 5,047 square feet. The space includes 2,161 square feet of dedicated sales or showroom area and 2,886 square feet of warehouse space. The layout features one private office and two restrooms. The warehouse is equipped with two 10’ x 12’ overhead doors positioned on the north and south sides of the building, allowing for convenient loading, unloading, and potential drive-through capability. The property includes exterior parking for customers and staff, along with a fenced yard area suitable for secure outdoor storage. With its close proximity to Downtown Yorkville, this space is ideal for retail, contractor, distribution, or service-based users seeking strong visibility along heavily traveled Route 47.
Key Highlights
- Prime location just south of Downtown Yorkville with high visibility on Route 47.
- Versatile 5,047 SF space suitable for retail, contractor, distribution, or service‑based businesses.
- Features 2,161 SF of showroom/sales area and 2,886 SF of warehouse space.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$53,145
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,062,900
$1.1M
Cap Rate 7%
$759,214
$759.2K
Cap Rate 9%
$590,500
$590.5K
Market Conditions
NOI Build-Up for 5,047 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$90.8K $18.00/SF
− Vacancy
−$9.1K −$1.80/SF
EGI
$81.8K $16.20/SF
− OpEx
−$28.6K −$5.67/SF
NOI
$53.1K $10.53/SF
Area
Kendall County, IL
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,062,900
Cap Rate 7%
$759,214
Cap Rate 9%
$590,500
Alternative Uses
Best Use
Flex RnD
$759.2K
$664.3K – $885.8K
NOI $53,145 @ 7.0% cap · market cap 4.43%
Second Best
Warehouse
$376.9K
$329.8K – $439.7K
NOI $26,381 @ 7.0% cap · market cap 2.20%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,975 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60560, IL
27,185
Population
10,022
Households
2.7
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
79.4 sq mi
ZIP Area
342
Density / Sq Mi
$112,160
Median Household Income
$58,706
Median Earnings
$1,626
Median Rent
$324,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Light industrial/flex property with showroom, warehouse, and fenced yard.
Where is this flex space located?
The property is located at 1262 S Bridge St Yorkville, IL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Prime location just south of Downtown Yorkville with high visibility on Route 47.; Versatile 5,047 SF space suitable for retail, contractor, distribution, or service‑based businesses.; Features 2,161 SF of showroom/sales area and 2,886 SF of warehouse space.
