Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Schiller Park Industrial Building For Sale Title is generated by Realmo AI

    9225 Ivanhoe St, Schiller Park, IL 60176

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    35,000 SF industrial building in a sought-after Schiller Park location.

    Type:Industrial
    Property size:
    35,000 SF
    Added:
    Nov 21, 2025
    Days on Market:
    182
    Last Refresh:
    Dec 3 at 5:32 am

    Property Features for 9225 Ivanhoe St

    General Information

    Standard status
    Active
    Size
    35,000 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    ROBIN DOWNEY

    Listing agent ROBIN DOWNEY

    Listing office SKYLINE PROPERTIES, INC.

    Listing date Nov 21, 2025

    Source Naiglobal

    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 SKYLINE PROPERTIES, INC.

    HighLights

    • Great location: close proximity to I‑294, O’Hare Airport and Irving Park Rd
    • 35,000 SF industrial building
    • Features an oversized drive‑in door
    • Includes 2 interior docks
    • 16’-24’ clear height
    • Heavy power

    Overview

    The property at 9225 Ivanhoe St, Schiller Park, IL, is a 35,000 SF industrial building. It features an oversized drive-in door, 2 interior docks, and a clear height ranging from 16 to 24 feet. The building has heavy power and is located in close proximity to I-294, O’Hare Airport, and Irving Park Rd. The facility is modern and well-maintained, offering a flexible layout suitable for various industrial uses. Ample parking and loading docks are available. The location in Schiller Park is highly sought-after, with close proximity to major transportation routes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anderson Snow Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Public Storage — 9700 W Irving Park Rd, Schiller Park, IL 60176
    • Strong Boys Moving Company inc. — 3871 Ruby St, Schiller Park, IL 60176
    • Public Storage — 3902 River Rd, Schiller Park, IL 60176
    • Rosemont Expo Services Warehouse — 3412 River Rd, Franklin Park, IL 60131
    • BILLS MOVING SERVICES — 4039 Prairie Ave, Schiller Park, IL 60176

    Location Insight

    • Map
    • Local Demand
    City
    Schiller Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8571139
    Latitude
    41.9464192

    Nearby Similar for Sale

    • $1,310,000
      1,400 SF

      Wingstop Restaurant in Schiller Park

      Single-tenant Wingstop restaurant in the Chicago MSA for sale.
      9732 W. Irving Park Road | Schiller Park, IL 60176
      View Details
    • $575,000
      7,600 SF

      Specialty Property Near O'Hare Airport

      Specialty property located near O'Hare International Airport and I-294.
      3920 Wesley Terrace, Schiller Park, IL 60176
      View Details
    • $1,490,000

      Schiller Park Bar/Club For Sale

      Remodeled bar/club lounge near O'Hare Airport with parking.
      9823 Lawrence Avenue, Schiller Park, IL 60176
      View Details
    • $1,400,000

      Schiller Park Commercial Property

      Commercial property for sale in Schiller Park, Illinois.
      9250 Ivanhoe Street, Schiller Park, IL 60176
      View Details
    • Contact for pricing
      120,461 SF

      Schiller Park Warehouse For Sale

      120,461 SF warehouse near I-294 and O’Hare Airport.
      3951 & 3955 25th Ave & 9715 Soreng Ave, Schiller Park, IL 60176
      View Details
    • Contact for pricing
      20,325 SF

      Industrial Facility Near O'Hare Airport

      20,325 SF industrial facility with convenient highway and airport access.
      9815 Leland Ave., Schiller Park, IL 60176
      View Details
    • $3,595,000
      23,000 SF

      Schiller Park Retail Strip Center

      Six-tenant strip center near O'Hare Airport and Schiller Park.
      4940 River Rd, Schiller Park, IL 60176
      View Details
    • $1,990,000

      Schiller Park Commercial Opportunity

      Restaurant/Bar with Real Estate and Liquor License Included
      9845 Lawrence Avenue, Schiller Park, IL 60176
      View Details
    • Contact for pricing

      Industrial Park Near O'Hare Airport

      Three-building industrial park with convenient airport access.
      3701-3717 N 25th Avenue, Schiller Park, IL 60176
      View Details
    • Contact for pricing
      120,461 SF

      Schiller Park Industrial Facility

      120,461 SF industrial facility with convenient access to I-294.
      3951 & 3955 25th Ave & 9715 Soreng Ave, Schiller Park, IL 60176
      View Details
    • Contact for pricing
      39,582 SF

      Schiller Park Industrial Park

      Three-building industrial park near O'Hare Airport's South Cargo Entrance.
      3737-3749 N 25th Avenue, Schiller Park, IL 60176
      View Details
    • $700,000
      30,810 SF

      Schiller Park Industrial Warehouse Opportunity

      30,810 SF warehouse with redevelopment potential near O'Hare Airport.
      3919 Wesley Ter, Schiller Park, IL
      View Details

    FAQs

    What type of property is this?
    Warehouse - 35,000 SF industrial building in a sought-after Schiller Park location.
    Where is this warehouse located?
    The property is located at 9225 Ivanhoe St Schiller Park, IL.
    What are key features of this property?
    This property features: Great location: close proximity to I‑294, O’Hare Airport and Irving Park Rd; 35,000 SF industrial building; Features an oversized drive‑in door
    (253) 604-6000
    We can help!
    Listing Contact
    ROBIN DOWNEY
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9225 Ivanhoe St, Schiller Park, IL 60176
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!