4533 North AveMelrose Park, IL 60160

For Sale
$3,042,000

33,800 SF Industrial Building, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 33,800-square-foot industrial warehouse, situated on a 2.31-acre lot in Melrose Park, Illinois, presents a compelling investment opportunity. Built in 1963, the single-story masonry building boasts significant recent upgrades, including a new roof, updated HVAC system, and upgraded electrical power. Energy-efficient LED lighting is installed throughout the space. The property features one interior loading dock and three drive-in doors, providing ample access for loading and unloading. Ceiling heights range from 15'6" to 17', offering versatile storage options. A substantial 9,000 square feet of office space is included. The property also benefits from abundant parking, a newly paved back parking lot, and significant outdoor storage potential. A billboard on the property generates additional income. Conveniently located just 1.7 miles from the I-290/I-294 interchange, this property offers excellent access to major transportation arteries. The asking price for this well-maintained and upgraded warehouse is $3,042,000. This property is ideal for a variety of industrial uses and offers a strong return on investment. The property's prime location, combined with its recent improvements and income-generating billboard, makes it a highly attractive acquisition. The substantial lot size provides ample room for expansion or future development. This is a rare opportunity to acquire a well-located, upgraded industrial property in a thriving market.

Highlights

  • 33,800 SF industrial warehouse on a 2.31-acre lot in Melrose Park, IL.
  • Single-story masonry building with new roof, HVAC, and electrical upgrades.
  • Features one interior loading dock, three drive-in doors, and 15'6"-17' ceiling heights.
  • Includes 9,000 SF of office space and abundant parking with a newly paved lot.
  • Income-generating billboard and excellent I-290/I-294 access.
  • Asking price: $3,042,000.

Property Details for 4533 North Ave

Property type
Other warehouses, Other industrial properties
Square Feet
33,800 SF
Year Built
1963
Buildings
1
Stories
1
Lot Size (sq. ft)
100,624 SF

Location Insight

City
Melrose Park
County
Cook
State
Illinois
Latitude
41.90808873769
Longitude
-87.889507061093
4533 North Ave, Melrose Park, Illinois

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4533 North Ave
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