Bedford Park Industrial Property

6226 W 74th Street Bedford Park, IL 60638

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344,450 sqft industrial property for sale.

Type:Industrial
Property size:
344,450 SF
Price / SF:
$67/SF
Added:
May 19, 2026
Days on Market:
55
Last Refresh:
Jun 28 at 7:12 am

Property Features for 6226 W 74th Street

General Information

Standard status
Active
Size
344,450 SF
Property subtype
Industrial

Building Details

Year Built
1973

Listing office Avison Young - Chicago Downtown

Listing date May 19, 2026

Source Crexi

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 - Chicago Downtown


Investment Insights

Based on property information with market context.

This industrial property, located in Bedford Park, Illinois, offers 344,450 square feet of space. The property is suitable for warehouse and other commercial real estate purposes.

Key Highlights

  • Large Industrial Space: 344,450 SqFt
  • Industrial Property Type
  • Established Building: Built in 1973

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 $2.23M $6.48
− Vacancy −$113.8k −$0.33
EGI $2.12M $6.15
− OpEx −$317.7k −$0.92
NOI $1.80M $5.23
344,450 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$25.72M
$22.51M – $30.01M (±1% cap)
NOI $1,800,472 @ 7.0% cap · market cap 7.69%
Second Best
Industrial
$21.18M
$18.53M – $24.71M (±1% cap)
NOI $1,482,742 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$118.92M
$104.06M – $138.74M (±1% cap)
NOI $8,324,601 @ 7.0% cap · market cap 35.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Real Estate Agency Building Supply Dental Office Restaurant Law Firm Spa & Massage Center Pharmacy Hair Salon Parking Lot & Garage Gym & Fitness Center

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

Similar Off Market Nearby

  • CINTAS — 5600 W 73rd St, Chicago, IL 60638

FAQs

What type of property is this?
Warehouse - 344,450 sqft industrial property for sale.
Where is this warehouse located?
The property is located at 6226 W 74th Street Bedford Park, IL.
What is the asking price?
The asking price for this property is $23,400,000.
What are key features of this property?
This property features: Large Industrial Space: 344,450 SqFt; Industrial Property Type; Established Building: Built in 1973
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