NNN Property with Fenced
For Sale
Contact for pricing
5009 W Lake St, Melrose Park, IL 60160
Office improvements and a fenced yard support the property’s existing industrial use.
Property Size16,347 SF
Lot Size0.94 Acres
Days on Market143
Property Features for 5009 W Lake St
General Information
Standard status
Active
Size
16,347 SF
Lot size
0.94 Acres
Property subtype
Industrial
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Building Details
Building Size
16,347 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Chicago Downtown
(972) 755-5200
Listed By:
Tyler Sharp · License #IL 177869
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 6:31PM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
The property at 5009 W Lake St in Melrose Park, Illinois, includes approximately 16,347 square feet of building area on 0.94 acres. Interior improvements include a substantial office build-out, while the site provides approximately 15,000 square feet of fenced yard space. The asset is occupied by Peerless Fence Group under a 10-year triple net lease with 4 years remaining.
The property has frontage along West Lake Street and is near Interstates 290 and 294. It is located in Cook County and qualifies for Class-B tax incentives through 2027, with renewal available upon application. The combination of office space, secured outdoor area, and an existing NNN lease supports continued use by an industrial or service-oriented operator.
The property has frontage along West Lake Street and is near Interstates 290 and 294. It is located in Cook County and qualifies for Class-B tax incentives through 2027, with renewal available upon application. The combination of office space, secured outdoor area, and an existing NNN lease supports continued use by an industrial or service-oriented operator.
Key Highlights
- Approximately 16,347 square feet on 0.94 acres
- Approximately 15,000 square feet of fenced in yard space
- 10‑year triple net lease with 4 years remaining
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 60160, IL
24,776
Population
8,947
Households
2.8
Avg Household Size
35
Median Age
15%
College-Educated
71%
High-School Grad
4.6 sq mi
ZIP Area
5,386
Density / Sq Mi
$64,740
Median Household Income
$39,722
Median Earnings
$1,194
Median Rent
$265,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Office improvements and a fenced yard support the property’s existing industrial use.
Where is this nnn property located?
The property is located at 5009 W Lake St Melrose Park, IL.
What are key features of this property?
This property features: Approximately 16,347 square feet on 0.94 acres; Approximately 15,000 square feet of fenced in yard space; 10‑year triple net lease with 4 years remaining
