Flex Industrial Building with
For Sale
$3,030,500
7560 W 100th Place, Bridgeview, IL 60455
Flexible industrial layout combines dedicated office areas with warehouse space and private parking in Bridgeview.
Property Size20,160 SF
Price / SF$150.32
Days on Market43
Property Features for 7560 W 100th Place
General Information
Standard status
Active
Size
20,160 SF
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$88,757
Building Details
Building Size
20,160 SF
Year Built
1974
Listing Agency:
Coldwell Banker Realty
(815) 954-4063
Listed By:
Michelle Arseneau · License #475131613
Source:
Dawnmckennagroup
Added: Jul 10
Changed: Aug 21
Last Checked: Aug 21 at 10:07AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This flex space property combines dedicated office areas with warehouse and industrial areas, supporting a range of business operations. The building includes private on-site parking for employees, visitors, and deliveries.
Located at 7560 W 100th Place in Bridgeview, Illinois, the property offers access to major expressways and transportation routes serving the Chicago metropolitan area. The building was constructed in 1974 and is positioned for manufacturing, warehousing, distribution, and other industrial applications identified in the property information.
Located at 7560 W 100th Place in Bridgeview, Illinois, the property offers access to major expressways and transportation routes serving the Chicago metropolitan area. The building was constructed in 1974 and is positioned for manufacturing, warehousing, distribution, and other industrial applications identified in the property information.
Key Highlights
- Dedicated office areas within a flex industrial building
- Warehouse and industrial areas support manufacturing, warehousing, and distribution uses
- Private on‑site parking for employees, visitors, and deliveries
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$212,285
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,245,700
$4.2M
Cap Rate 7%
$3,032,643
$3.0M
Cap Rate 9%
$2,358,722
$2.4M
Market Conditions
NOI Build-Up for 20,160 SF
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.
Gross rent
$362.9K $18.00/SF
− Vacancy
−$36.3K −$1.80/SF
EGI
$326.6K $16.20/SF
− OpEx
−$114.3K −$5.67/SF
NOI
$212.3K $10.53/SF
Area
Cook County, IL
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,245,700
Cap Rate 7%
$3,032,643
Cap Rate 9%
$2,358,722
Alternative Uses
Best Use
Flex RnD
$3.03M
$2.65M – $3.54M
NOI $212,285 @ 7.0% cap · market cap 7.00%
Second Best
Warehouse
$1.51M
$1.32M – $1.76M
NOI $105,378 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$6.96M
$6.09M – $8.12M
NOI $487,223 @ 7.0% cap · market cap 16.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,327
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60455, IL
17,098
Population
6,834
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
4,071
Density / Sq Mi
$65,342
Median Household Income
$37,303
Median Earnings
$1,139
Median Rent
$234,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible industrial layout combines dedicated office areas with warehouse space and private parking in Bridgeview.
Where is this flex space located?
The property is located at 7560 W 100th Place Bridgeview, IL.
What is the asking price?
The asking price for this property is $3,030,500.
What are key features of this property?
This property features: Dedicated office areas within a flex industrial building; Warehouse and industrial areas support manufacturing, warehousing, and distribution uses; Private on‑site parking for employees, visitors, and deliveries
