Building Details

Year Built 1957

Listing Agency: JBS Commercial Real Estate Show Phone

Listed By: Edgar Cervantes · License #475.155966

Source: Crexi

Added: Sep 16, 2021 Changed: Jul 10 Last Checked: Aug 1 at 5:18AM

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Investment Insights

Based on property information with market context.

This industrial warehouse building is located off North Avenue in Villa Park, Illinois. The minimum lease term is three years.

Key Highlights

• Industrial warehouse building
• Located right off of North Ave
• Minimum 3‑year lease

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store (Bike/Boat/Book/etc) Store Gym & Fitness Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.43 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

790

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 60181, IL

29,821

Population

12,485

Households

2.4

Avg Household Size

38

Median Age

38%

College-Educated

92%

High-School Grad

6.5 sq mi

ZIP Area

4,588

Density / Sq Mi

$90,375

Median Household Income

$47,191

Median Earnings

$1,619

Median Rent

$294,700

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Industrial warehouse space for lease in Villa Park, Illinois.

Where is this warehouse located?

The property is located at 740-742 N Princeton Ave Villa Park, IL.

What is the lease rate?

The lease rate is $9.50 SF/Yr.

What are key features of this property?

This property features: Industrial warehouse building; Located right off of North Ave; Minimum 3‑year lease