8585 S 77th Ave, Bridgeview, IL 60455
Single-tenant industrial asset with 18-foot clear height, multiple loading doors, and an in-place lease through April 2028.
- Added:
- Jun 28, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 1 at 3:30 am
Property Features for 8585 S 77th Ave
General Information
- Standard status
- Active
- Size
- 75,000 SF
- Lot size
- 3.07 Acres
- Property subtype
- Single-Tenant Industrial
Building Details
- Year Built
- 1959
Listing office Marcus & Millichap | Dallas (312) 327-5401
Listing date Jun 28, 2026
Source Marcusmillichap
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HighLights
- Single‑tenant industrial building built in 1959 offering 75,000 SF on 3.07 acres
- 18' clear height with five dock‑high doors plus two drive‑in doors for flexible loading
- In‑place lease with Micron Metal Finishing, LLC runs through April 2028 at $6.26/SF (modified gross)
- Lease includes 3.0% annual escalations and two three‑year renewal options
- 50 parking spaces on site
- Located along I‑294 with access to I‑55 and the CSX Bedford Park Intermodal
Overview
The building is located at 8585 S 77th Ave in Bridgeview, IL, along Interstate 294, providing access to major transportation routes. The remarks also note proximity to Interstate 55 and the CSX Bedford Park Intermodal, supporting efficient movement of goods within the broader logistics network.
Micron Metal Finishing, LLC currently leases the property through April 2028 on modified gross terms, with 3.0% annual escalations and two three-year renewal options. This structure provides an ongoing income stream for an owner. From a tenant perspective, the clear-height and door configuration support industrial power coating and custom metal finishing operations, and the facility’s established loading setup may align with other light industrial and distribution-oriented uses, subject to applicable requirements.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $486.0k | $6.48 |
| − Vacancy | −$24.8k | −$0.33 |
| EGI | $461.2k | $6.15 |
| − OpEx | −$138.4k | −$1.84 |
| NOI | $322.8k | $4.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bridgeview
- County
- Cook
- State
- Illinois
- Longitude
- -87.8102118
- Latitude
- 41.7351996
