3800 Wesley Ter, Schiller Park, IL
Manufacturing building for sale with heavy power near I-294.
- Added:
- Jul 17, 2023
- Days on Market:
- 1065
- Last Refresh:
- May 20 at 9:13 pm
Property Features for 3800 Wesley Ter
General Information
- Standard status
- Active
- Size
- 35,243 SF
- Lot size
- 2.35 Acres
- Property subtype
- INDUSTRIAL
Listing agent Steven A. Kohn, SIOR (847) 341-6048
Listing office Avison Young | Suburban Chicago (847) 341-6048
Listing date Jul 17, 2023
Source Moodyscre
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 Avison Young | Suburban Chicago
HighLights
- Heavy power, suitable for manufacturing
- Proximity to I‑294 (1‑mile drive)
- Convenient access to O'Hare International Airport (11‑minute drive)
- Short drive to commuter rail (6 minutes)
- Manufacturing building suitable for sale
- Investor opportunity
Overview
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 | $228.4k | $6.48 |
| − Vacancy | −$11.6k | −$0.33 |
| EGI | $216.7k | $6.15 |
| − OpEx | −$65.0k | −$1.84 |
| NOI | $151.7k | $4.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Schiller Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.8629
- Latitude
- 41.9491
