Flex Space With Overhead
For Sale
$999,900
8400 S 77th Avenue, Bridgeview, IL 60455
Commercial Sale, Bridgeview, IL
Property Size5,250 SF
Lot Size0.30 Acres
Price / SF$190.46
Days on Market11
Property Features for 8400 S 77th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
ROBERTS ROAD TO 83RD STREET EAST TO BUILDING
Subdivision
Bridgeview
Standard status
Active
APN
18363120250000
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
29892
Utilities
Utilities
Natural Gas Available
Cooling system
Central Air
Building Details
Year built
1978
Floors in Building
1
Number of units
1
Flooring type
Concrete, Vinyl
Building materials
Brick, Concrete, Block
Roof type
Tar/Gravel
Listing Agency:
Realtopia Real Estate Inc
(708) 326-2955
Listed By:
Stephanie Clauson · License #475160409
(815) 467-1583
Added: Sep 25
Changed: Oct 2
Last Checked: Oct 5 at 2:06PM
MLS# 12769923
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,250-square-foot flex property in Bridgeview sits on 0.303 acres and was built in 1978. The building includes a 12' x 14' overhead door, multiple private offices, a conference room, an employee kitchen and three bathrooms. Interior updates include new flooring and lighting, along with fresh paint. Two newer heating systems serve the outdoor garage loft, and a natural gas generator provides backup power. Central air is also installed.
Exterior features include parking and a gated private storage area. The property is in the Bedford Park Enterprise District and is zoned COMMR. Businesses may apply through the district for potential tax incentives; qualification is not guaranteed.
Exterior features include parking and a gated private storage area. The property is in the Bedford Park Enterprise District and is zoned COMMR. Businesses may apply through the district for potential tax incentives; qualification is not guaranteed.
Key Highlights
- 5,250‑square‑foot flex property on 0.303 acres
- 12' x 14' overhead door
- Multiple private offices, conference room, employee kitchen and three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,283
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,105,660
$1.1M
Cap Rate 7%
$789,757
$789.8K
Cap Rate 9%
$614,256
$614.3K
Market Conditions
NOI Build-Up for 5,250 SF
Gross rent
$94.5K $18.00/SF
− Vacancy
−$9.5K −$1.80/SF
EGI
$85.1K $16.20/SF
− OpEx
−$29.8K −$5.67/SF
NOI
$55.3K $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 Rate 5%
$1,105,660
Cap Rate 7%
$789,757
Cap Rate 9%
$614,256
Alternative Uses
Best Use
Flex RnD
$789.8K
$691.0K – $921.4K
NOI $55,283 @ 7.0% cap · market cap 5.53%
Second Best
Warehouse
$392.0K
$343.0K – $457.4K
NOI $27,442 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$1.81M
$1.59M – $2.11M
NOI $126,881 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
640
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Renovated commercial space combines private offices, a conference room, an employee kitchen and gated outdoor storage.
Where is this flex space located?
The property is located at 8400 S 77th Avenue Bridgeview, IL.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 5,250‑square‑foot flex property on 0.303 acres; 12' x 14' overhead door; Multiple private offices, conference room, employee kitchen and three bathrooms
