Refrigerated Food Production
For Sale
Contact for pricing
6851-6853 W Irving Park Rd, Chicago, IL
9,000 SF Chicago facility for refrigerated and frozen food production.
Property Size9,000 SF
Lot Size0.27 Acres
Price / SF$122.22
Days on Market478
Property Features for 6851-6853 W Irving Park Rd
General Information
Standard status
Active
Size
9,000 SF
Lot size
0.27 Acres
Property subtype
INDUSTRIAL
Listing Agency:
CBRE | Chicago
(847) 706-4997
Listed By:
Jason Lev
(847) 706-4997
Source:
Moodyscre
Added: Apr 10, 2025
Changed: Jul 10
Last Checked: Jul 21 at 5:02AM
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 CBRE | Chicago
Investment Insights
Based on property information with market context.
This 9,000 square foot facility is equipped for refrigerated and frozen food production. It features one exterior loading area with a temperature-controlled staging area. The building includes a production room measuring 2,038 square feet, and an additional production room of 1,208 square feet with a 15-foot ceiling height. There is a main cooler spanning 966 square feet with an 18-foot 2-inch ceiling height, along with Cooler #1 at 373 square feet, and a 541-square-foot freezer. The facility incorporates epoxy-sealed, sloped stainless steel floor drains and fiberglass-reinforced walls and ceiling panels. Ceiling heights range from 15 feet to 18 feet 2 inches.
Key Highlights
- 9,000 SF building designed for refrigerated and frozen food production.
- Temperature‑controlled staging area with exterior loading dock.
- Multiple specialized rooms: 2 production rooms, main cooler, additional cooler, and freezer.
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 | $84.9k | $9.43 |
| − Vacancy | −$4.2k | −$0.47 |
| EGI | $80.6k | $8.96 |
| − OpEx | −$24.2k | −$2.69 |
| NOI | $56.4k | $6.27 |
9,000 SF · lease $9.43/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$806.3K
$705.5K – $940.7K
NOI $56,439 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.24M
$3.71M – $4.95M
NOI $297,043 @ 7.0% cap · market cap 27.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 9,000 SF Chicago facility for refrigerated and frozen food production.
Where is this manufacturing property located?
The property is located at 6851-6853 W Irving Park Rd Chicago, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 9,000 SF building designed for refrigerated and frozen food production.; Temperature‑controlled staging area with exterior loading dock.; Multiple specialized rooms: 2 production rooms, main cooler, additional cooler, and freezer.
