Warehouse with Fenced
4N220 84th Court, Hanover Park, IL 60133
For Sale
Contact for pricing
Open warehouse space, limited office area, and drive-through and drive-around access support flexible operations.
Property Size9,200 SF
Lot Size1.69 Acres
Price / SF$163.04
Days on Market46
Property Features for 4N220 84th Court
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Clear Height
Office Build-Out
Dock-High Doors
Drive-In Doors
Additional Details
Property Use
Building Details
Year Built
Buildings
Building Size
Construction
Listing Agency:
Transwestern Houston
Listed By:
Joe Karmin
(847) 588-5670
Source:
Crexi
Added: Sep 28
Changed: Nov 8
Last Checked: Nov 10 at 7:21AM
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 Transwestern Houston
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Investment Insights
Based on property information with market context.
This steel warehouse contains approximately 9,200 square feet, including about 800 square feet of office space. The open interior has a 14-foot clear ceiling and loading with 1 dock and 3 DIDs. Built in 1990, the building sits on approximately 1.69 acres with a fenced area for outdoor storage and parking. Drive-through and drive-around capability adds circulation options for vehicles and equipment.
The property is at the end of a cul-de-sac in unincorporated DuPage County, approximately 4.8 miles from the I-355 tollway.
The property is at the end of a cul-de-sac in unincorporated DuPage County, approximately 4.8 miles from the I-355 tollway.
Key Highlights
- Approximately 9,200 SF building on 1.69 AC
- Fenced outdoor storage and parking area
- 14’ clear ceiling; loading includes 1 dock and 3 DIDs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,089
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$961,780
$961.8K
Cap Rate 7%
$686,986
$687.0K
Cap Rate 9%
$534,322
$534.3K
Market Conditions
NOI Build-Up for 9,200 SF
Gross rent
$59.6K $6.48/SF
− Vacancy
−$3.0K −$0.33/SF
EGI
$56.6K $6.15/SF
− OpEx
−$8.5K −$0.92/SF
NOI
$48.1K $5.23/SF
Area
Cook County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$961,780
Cap Rate 7%
$686,986
Cap Rate 9%
$534,322
Alternative Uses
Best Use
Warehouse
$687.0K
$601.1K – $801.5K
NOI $48,089 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.53M
$3.09M – $4.12M
NOI $247,296 @ 7.0% cap · market cap 16.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
14 ft
Clear height
1
Dock-high doors
3
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60133, IL
37,494
Population
11,573
Households
3.2
Avg Household Size
35
Median Age
29%
College-Educated
84%
High-School Grad
8.4 sq mi
ZIP Area
4,464
Density / Sq Mi
$92,263
Median Household Income
$40,743
Median Earnings
$1,478
Median Rent
$260,900
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Cook County, IL
Properties on Market for Warehouses in Cook County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- CubeSmart Self Storage — 25W630 Army Trail Rd, Hanover Park, IL 60133
Frequently Asked Questions
What type of property is this?
Warehouse - Open warehouse space, limited office area, and drive-through and drive-around access support flexible operations.
Where is this warehouse located?
The property is located at 4N220 84th Court Hanover Park, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 9,200 SF building on 1.69 AC; Fenced outdoor storage and parking area; 14’ clear ceiling; loading includes 1 dock and 3 DIDs
