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    Air Conditioned Warehouse Near I-90 Title is generated by Realmo AI

    5707 N Northwest Hwy, Chicago, IL

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    12,801 SF warehouse with I-90 access for sale.

    Type:INDUSTRIAL
    Property size:
    12,801 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $132/SF
    Added:
    Jul 30, 2025
    Days on Market:
    324
    Last Refresh:
    May 20 at 9:02 pm

    Property Features for 5707 N Northwest Hwy

    General Information

    Standard status
    Active
    Size
    12,801 SF
    Lot size
    0.45 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Brendan Green
    Brendan Green

    Listing agent Brendan Green

    Listing office Colliers | Chicago Rosemont

    Listing date Jul 30, 2025

    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 Colliers | Chicago Rosemont

    HighLights

    • Immediate access to I‑90 and downtown Chicago/O’Hare Airport
    • Fully air‑conditioned warehouse
    • 12,801 SF including 1,500 SF office space
    • 1 interior dock and 1 drive‑in door (DID)
    • Compressed airlines throughout
    • 13 car parking on site plus street parking

    Overview

    This 12,801 square foot property includes 1,500 square feet of office space and a fully air-conditioned warehouse. It features 12' clear height, one interior dock, and one drive-in door. There are 13 on-site parking spaces, with additional street parking available. The property benefits from compressed airlines throughout and arterial street frontage. It offers immediate access to I-90, downtown Chicago, and O'Hare Airport. The property is available for lease or sale.

    Local Financial Insights For Warehouse

    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 $120.7k $9.43
    − Vacancy −$6.6k −$0.52
    EGI $114.1k $8.91
    − OpEx −$17.1k −$1.34
    NOI $97.0k $7.57
    12,801 SF · lease $9.43/SF/yr · vacancy 5.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.39M
    $1.21M – $1.62M (±1% cap)
    NOI $96,963 @ 7.0% cap · market cap 5.72%
    Second Best
    Industrial
    $1.15M
    $1.00M – $1.34M (±1% cap)
    NOI $80,274 @ 7.0% cap · market cap 4.74%
    Theoretical Best
    Office A
    $6.04M
    $5.28M – $7.04M (±1% cap)
    NOI $422,494 @ 7.0% cap · market cap 24.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Adventure Tattoo Tattoo & Piercing Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Extra Space Storage — 5366 N Northwest Hwy, Chicago, IL 60630
    • Public Storage — 5778 N Northwest Hwy, Chicago, IL 60631
    • Northwest Storage Units — 5684 N Northwest Hwy, Chicago, IL 60646
    • Near2Me Storage Units — 5806 n milwaukee ave, chicago, il 60646

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7868
    Latitude
    41.9858

    FAQs

    What type of property is this?
    Warehouse - 12,801 SF warehouse with I-90 access for sale.
    Where is this warehouse located?
    The property is located at 5707 N Northwest Hwy Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,695,000.
    What are key features of this property?
    This property features: Immediate access to I‑90 and downtown Chicago/O’Hare Airport; Fully air‑conditioned warehouse; 12,801 SF including **1,500 SF office space**
    (847) 331-2157 Call to check price and availability
    More about this property
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