Freestanding Industrial
9515 Winona Ave Schiller Park, IL 60176
For Sale
Contact for pricing
Freestanding single-tenant industrial facility with heavy power, dedicated parking, and potential for an owner-occupied split.
Property Size54,511 SF
Price / SF$73.29
Days on Market511
Property Features for 9515 Winona Ave
General Information
Standard status
Active
Size
54,511 SF
Property subtype
INDUSTRIAL
Listing Agency:
CBRE | Chicago
(847) 706-4995
Listed By:
Calum Payne
(847) 706-4995
Source:
Moodyscre
Added: Mar 6, 2025
Changed: Jul 28
Last Checked: Jul 29 at 3:01PM
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.
This freestanding, single-tenant industrial facility is built for manufacturing and related operations. The building includes heavy power distributed throughout the space and offers a dedicated car parking lot with potential for outside storage.
The property is described as centrally located, with quick access to I-90, I-294, I-190, and Mannheim Road.
The layout includes the potential for a two-unit configuration, supporting an owner-occupied option alongside a separate space within the facility.
The property is described as centrally located, with quick access to I-90, I-294, I-190, and Mannheim Road.
The layout includes the potential for a two-unit configuration, supporting an owner-occupied option alongside a separate space within the facility.
Key Highlights
- Freestanding single‑tenant industrial facility
- Heavy power well distributed throughout the facility
- Dedicated car parking lot with potential for outside storage
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $353.2k | $6.48 |
| − Vacancy | −$18.0k | −$0.33 |
| EGI | $335.2k | $6.15 |
| − OpEx | −$100.6k | −$1.84 |
| NOI | $234.7k | $4.30 |
54,511 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 30.00%
Alternative Uses
Best Use
Industrial
$3.35M
$2.93M – $3.91M
NOI $234,652 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.82M
$16.47M – $21.96M
NOI $1,317,411 @ 7.0% cap · market cap 32.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Manufacturing property - Freestanding single-tenant industrial facility with heavy power, dedicated parking, and potential for an owner-occupied split.
Where is this manufacturing property located?
The property is located at 9515 Winona Ave Schiller Park, IL.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Freestanding single‑tenant industrial facility; Heavy power well distributed throughout the facility; Dedicated car parking lot with potential for outside storage
