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    Industrial Property for Sale Title is generated by Realmo AI

    14740 Oakley Ave, Harvey, IL 60426

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    15,000 sqft industrial property available for purchase.

    Type:Industrial
    Property size:
    15,000 SF
    Price / SF:
    $83/SF
    Added:
    May 14, 2025
    Days on Market:
    418
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 14740 Oakley Ave

    General Information

    Standard status
    Active
    Size
    15,000 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2012

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    Michael Osika
    Michael Osika

    Listing office Realtogy

    Listing date May 14, 2025

    Source Crexi

    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 Realtogy

    HighLights

    • Built in 2012, offering relatively new construction.

    Overview

    This industrial property, with a size of 15,000 square feet, is available for sale.

    Local 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 $97.2k $6.48
    − Vacancy −$5.0k −$0.33
    EGI $92.2k $6.15
    − OpEx −$27.7k −$1.84
    NOI $64.6k $4.30
    15,000 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $922.4K
    $807.1K – $1.08M (±1% cap)
    NOI $64,570 @ 7.0% cap · market cap 5.17%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $5.18M
    $4.53M – $6.04M (±1% cap)
    NOI $362,517 @ 7.0% cap · market cap 29.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Accounting Firm Discount Store Computer & Electronic Repair Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Harvey
    County
    Cook
    State
    Illinois
    Longitude
    -87.668
    Latitude
    41.6072

    FAQs

    What type of property is this?
    Industrial property - 15,000 sqft industrial property available for purchase.
    Where is this industrial property located?
    The property is located at 14740 Oakley Ave Harvey, IL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Built in 2012, offering relatively new construction.
    More about this property
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