Two-Unit Flex
4619 N 25th Ave. Schiller Park, IL 60176
New
For Sale
$824,000
Two-unit flex property with one tenant in place and one vacant unit for an owner or additional tenant.
Days on Market6
Property Features for 4619 N 25th Ave.
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
Brown Commercial Group
(847) 758-9200
Listed By:
Trinity Scurto, SIOR
Source:
Browncommercialgroup
Added: Jul 25
Changed: Jul 27
Last Checked: Jul 30 at 3:29AM
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 Brown Commercial Group
Investment Insights
Based on property information with market context.
This two-unit flex property features a straightforward configuration with one unit currently occupied by a tenant and a second unit that is vacant. The building is offered for sale with the opportunity to maintain existing occupancy while positioning the vacant space for an owner-occupant or an additional tenant.
The property is located at 4619 N. 25th Ave. in Schiller Park, Illinois.
The property is located at 4619 N. 25th Ave. in Schiller Park, Illinois.
Key Highlights
- 2‑unit property with a tenant in place in one unit
- One unit is vacant, offering space for an owner or additional tenant
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 | $78.1k | $6.48 |
| − Vacancy | −$4.0k | −$0.33 |
| EGI | $74.1k | $6.15 |
| − OpEx | −$22.2k | −$1.84 |
| NOI | $51.9k | $4.30 |
12,050 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.81M
$1.59M – $2.11M
NOI $126,887 @ 7.0% cap · market cap 15.40%
Second Best
Industrial
$741.0K
$648.4K – $864.5K
NOI $51,871 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$4.16M
$3.64M – $4.85M
NOI $291,222 @ 7.0% cap · market cap 35.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Apropo Services Inc — 4318 River Rd, Schiller Park, IL 60176
- Dobb's International Services Inc — 5600 Mannheim Rd, Chicago, IL 60666
- Breakfast in Bed — 9416 Irving Park Rd, Schiller Park, IL 60176
- Gate Gormet — o'hare, chicago, il 60666
- GateGourmet Offsite Warehouse — 504 Cargo Rd, Chicago, IL 60666
Frequently Asked Questions
What type of property is this?
Flex space - Two-unit flex property with one tenant in place and one vacant unit for an owner or additional tenant.
Where is this flex space located?
The property is located at 4619 N 25th Ave. Schiller Park, IL.
What is the asking price?
The asking price for this property is $824,000.
What are key features of this property?
This property features: 2‑unit property with a tenant in place in one unit; One unit is vacant, offering space for an owner or additional tenant
