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Warehouse with Office Space
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1501 N Michael Dr, Wood Dale, IL 60191

Industrial facility offers a large warehouse area paired with dedicated office space.

Space Size172,018 SF
Days on Market168

Property Features for 1501 N Michael Dr

General Information

Standard status Active
Size 172,018 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 1501 N Michael Dr Contact us

1501 N Michael Dr

Floor
Bldg
Size
172,018 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 159,653 SF Warehouse / 12,365 SF Office
Contact us
Listing Agency: Cushman & Wakefield | Rosemont
Listed By: Eric Fischer · License #475121986
Source: Moodyscre
Added: Mar 30 Changed: Sep 12 Last Checked: Sep 13 at 5:03AM

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 Cushman & Wakefield | Rosemont

Investment Insights

Based on property information with market context.

The property includes approximately 159,653 square feet of warehouse space along with about 12,365 square feet of office space, creating a straightforward live/work arrangement within the same facility.

Located at 1501 N Michael Dr in Wood Dale, Illinois, the building is suitable for businesses seeking on-site office space alongside warehouse operations.

With a total size of about 172,018 square feet, the configuration supports tenant use that requires both warehousing and office functions under one roof.

Key Highlights

  • 159,653 SF warehouse space
  • 12,365 SF dedicated office space
  • Industrial facility with large warehouse area and paired office space

Property Analytics

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Current Use

Legend Micro Big Box & Wholesale Store Hyper Microsystems Inc Electronics & Wireless Store FedEx Drop Box Postal Service Arista Intermodal Inc. Freight Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Restaurant Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60191, IL

14,456
Population
5,516
Households
2.6
Avg Household Size
44
Median Age
25%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
2,780
Density / Sq Mi
$90,299
Median Household Income
$44,817
Median Earnings
$1,649
Median Rent
$307,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial facility offers a large warehouse area paired with dedicated office space.
Where is this flex space located?
The property is located at 1501 N Michael Dr Wood Dale, IL.
What are key features of this property?
This property features: 159,653 SF warehouse space; 12,365 SF dedicated office space; Industrial facility with large warehouse area and paired office space
(847) 518-9100 Call to check price and availability
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