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Addison Industrial Building For Lease
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515 Factory Rd, Addison, IL 60101

24,243 SF industrial building available for lease in Addison.

Space Size24,243 SF
Lot Size1.23 Acres
Days on Market652

Property Features for 515 Factory Rd

General Information

Standard status Active
Size 24,243 SF
Total Parking Spaces 20
Lot size 1.23 Acres
Property subtype Industrial

Building Details

Building Size 24,243 SF
Year Built 1965
Tenancy Single

Spaces For Lease

at 515 Factory Rd Contact us

Available Space

Size
24,243 SF
Type
Industrial
Availability
Active
Contact us
Listing Agency: Transwestern
Listed By: Ross Lehrman · License #IL 475171721
Source: Crexi
Added: Nov 1, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:05AM

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 Transwestern

Investment Insights

Based on property information with market context.

An industrial building offering approximately 24,243 square feet is available for lease. Situated on approximately 1.23 acres of land, the property features an office area of approximately 2,150 square feet. The building, constructed in 1965, has ceiling heights ranging from 11 to 14 feet. Loading is facilitated by one exterior dock and two drive-in doors, sized 12x12 feet and 10x10 feet respectively. The property is equipped with an 800A 240V power supply and a sprinkler system. Parking is available for approximately 20 cars. Additional features include floor drains and a new parking lot. The property is located in Addison, Illinois, offering convenient access to North Avenue, I-355, and I-290. The property is professionally owned and managed.

Key Highlights

  • Excellent Location: Close to North Ave, I‑355, and I‑290.
  • Functional Industrial Space: Boasts a ±24,243 SF building with floor drains and 1 Ext / 2 DID loading.
  • Ample Power Supply: Features 800A 240V power.

Property Analytics

Current Use

Wynndalco Enterprises, LLC. Tech Support Center

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Nail Salon Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,170
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60101, IL

37,644
Population
14,145
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
77%
High-School Grad
11.4 sq mi
ZIP Area
3,302
Density / Sq Mi
$87,860
Median Household Income
$42,007
Median Earnings
$1,236
Median Rent
$315,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - 24,243 SF industrial building available for lease in Addison.
Where is this warehouse located?
The property is located at 515 Factory Rd Addison, IL.
What are key features of this property?
This property features: Excellent Location: Close to North Ave, I‑355, and I‑290.; Functional Industrial Space: Boasts a ±24,243 SF building with floor drains and 1 Ext / 2 DID loading.; Ample Power Supply: Features 800A 240V power.
(847) 588-5700 Call to check price and availability
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