Industrial Warehouse with Outdoor
For Sale
$5,100,000
825 Seegers Rd, Des Plaines, IL 60016
Masonry construction, flexible industrial layout, and multiple grade-level loading doors support varied operations.
Property Size16,200 SF
Lot Size5.92 Acres
Price / SF$314.81
Days on Market77
Property Features for 825 Seegers Rd
General Information
Standard status
Active
Size
16,200 SF
Lot size
5.92 Acres
Property subtype
Warehouse
Occupancy
100%
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
5
Power
1,200 amps
Voltage
480 V
Additional Details
Cap Rate
6.27%
Amenities
Multi-Tenant 16,200-Square-Foot Industrial Facility Situated on 5.92 Acres
Featuring Masonry Construction, 16' Clear Height, Five Grade-Level Doors, and 1,200A/240-480V
Permitted Uses Include: Auto, Distribution, Small Equipment Sale and Leasing, Manufacturing, Warehousing
Conditional Uses Include: Towing, Recycling, Large Equipment Sale and Leasing, Contractor Yard, Truck Parking, CMV Sale and Leasing
Fully Leased with Unilateral Landlord Option to Terminate All Leases with 120-150 Days Notice, Allowing for Variety of Owner Uses/Residential Redevelopment
Outperforming O'Hare Submarket: 5.1 Percent Vacancy Rate and 3.9 Percent Rent Growth
Located Two Miles from I-294 and Seven Miles from O'Hare International Airport
Building Details
Building Size
16,200 SF
Year Built
1974
Buildings
1
Construction
masonry
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
(312) 327-5499
Listed By:
Alexander Zlotnik · License #License(s): IL: 475212760
(312) 327-5499
Source:
Marcusmillichap
Added: Jun 16
Changed: Aug 30
Last Checked: Aug 30 at 5:03PM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This multi-tenant industrial property contains a 16,200-square-foot masonry facility on 5.92 acres. The building offers 16-foot clear height, five grade-level doors, and electrical service rated at 1,200 amps with 240 to 480 volts. The expansive site accommodates outdoor storage and offers flexibility for industrial operations, including distribution, warehousing, manufacturing, auto-related uses, equipment sales and leasing, towing, recycling, contractor yard activity, truck parking, and commercial motor vehicle sales and leasing.
The property is fully leased, and the landlord may terminate all leases with 120 to 150 days’ notice under a unilateral option. Interstate 294 is approximately two miles away, while O’Hare International Airport is approximately seven miles away. The asset is located in the O’Hare submarket, which reports 5.1 percent vacancy and 3.9 percent rent growth.
The property is fully leased, and the landlord may terminate all leases with 120 to 150 days’ notice under a unilateral option. Interstate 294 is approximately two miles away, while O’Hare International Airport is approximately seven miles away. The asset is located in the O’Hare submarket, which reports 5.1 percent vacancy and 3.9 percent rent growth.
Key Highlights
- 16,200‑square‑foot industrial facility on 5.92 acres
- 16‑foot clear height with five grade‑level doors
- 1,200 amps of electrical capacity at 240 to 480 volts
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
5
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60016, IL
61,888
Population
25,613
Households
2.4
Avg Household Size
42
Median Age
43%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
5,115
Density / Sq Mi
$84,044
Median Household Income
$50,180
Median Earnings
$1,406
Median Rent
$300,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Self Storage — 1400 e golf rd, des plaines, il 60016
Frequently Asked Questions
What type of property is this?
Warehouse - Masonry construction, flexible industrial layout, and multiple grade-level loading doors support varied operations.
Where is this warehouse located?
The property is located at 825 Seegers Rd Des Plaines, IL.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: 16,200‑square‑foot industrial facility on 5.92 acres; 16‑foot clear height with five grade‑level doors; 1,200 amps of electrical capacity at 240 to 480 volts
