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Flex Space with Office and Warehouse
For Sale
Contact for pricing
Pending

7501 N Waukegan Road, Niles, IL 60714

Office and warehouse areas create a versatile commercial layout with upgraded systems and private parking.

Property SizeContact for details
Days on Market147

Property Features for 7501 N Waukegan Road

General Information

Standard status Pending
Total Parking Spaces 12
Property subtype Retail

Site & Location

Road Access Yes
Fenced Yard Yes

Warehouse & Industrial

Warehouse Space 1,800 SF
Office Build-Out 1,700 SF
Listing Agency: Kale Realty
Listed By: Gina De Meo · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:33PM

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 Kale Realty

Investment Insights

Based on property information with market context.

This flex property combines a 1,700-square-foot office area with a 1,800-square-foot warehouse, creating a balanced configuration for office and operational functions. The building includes 3 baths and an overhead door. Recent improvements include a new roof, rooftop HVAC system, warehouse furnace, water heater, front sign, blacktop parking lot, fence, and brick work at the rear, along with upgraded electric service.

The property is located at 7501 N Waukegan Road in Niles, Illinois, along Waukegan Road. Private parking for 12 vehicles is provided, with additional street parking also noted. The combination of office, warehouse, building upgrades, and dedicated parking supports a range of flex-space uses.

Key Highlights

  • 1,700‑square‑foot office area plus 1,800‑square‑foot warehouse
  • New roof and rooftop HVAC system
  • Private parking for 12 vehicles

Property Analytics

Current Use

Modern Creations Construction Company Aqua's Perfect Home ... HVAC Service

Suggested Use

Top Pick Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Garden Center Nursing Home Grocery & Convenience Store

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

Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,164
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60714, IL

31,006
Population
11,867
Households
2.6
Avg Household Size
49
Median Age
39%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
4,922
Density / Sq Mi
$78,868
Median Household Income
$46,553
Median Earnings
$1,247
Median Rent
$351,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse areas create a versatile commercial layout with upgraded systems and private parking.
Where is this flex space located?
The property is located at 7501 N Waukegan Road Niles, IL.
What are key features of this property?
This property features: 1,700‑square‑foot office area plus 1,800‑square‑foot warehouse; New roof and rooftop HVAC system; Private parking for 12 vehicles
More about this property
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