Warehouse Distribution
For Sale
$6,400,000
9725 Industrial Dr, Bridgeview, IL 60455
Industrial space designated I-2 for warehouse and distribution operations.
Property Size38,500 SF
Price / SF$166.23
Days on Market44
Property Features for 9725 Industrial Dr
General Information
Standard status
Active
Size
38,500 SF
Property subtype
Industrial
Additional Details
Warehouse Space
38,500 SF
Building Details
Building Size
38,500 SF
Year Built
1976
Listing Agency:
NAI Hiffman
(317) 432-4813
Listed By:
Kelly Disser · License #475133590
(317) 432-4813
Source:
Hiffman
Added: Jul 18
Changed: Aug 30
Last Checked: Jun 2 at 7:13PM
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 NAI Hiffman
Investment Insights
Based on property information with market context.
This warehouse and distribution property contains 38,500 square feet of industrial space. The facility is identified for warehouse and distribution use and carries I-2 zoning.
The property is located at 9725 Industrial Drive in Bridgeview, Illinois 60455, providing a specific industrial address for users seeking space in the area.
The property is located at 9725 Industrial Drive in Bridgeview, Illinois 60455, providing a specific industrial address for users seeking space in the area.
Key Highlights
- 38,500 SF of warehouse and distribution space
- I‑2 zoning supports an industrial property profile
- Located at 9725 Industrial Drive in Bridgeview, Illinois 60455
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$201,243
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,024,860
$4.0M
Cap Rate 7%
$2,874,900
$2.9M
Cap Rate 9%
$2,236,033
$2.2M
Market Conditions
NOI Build-Up for 38,500 SF
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.
Gross rent
$249.5K $6.48/SF
− Vacancy
−$12.7K −$0.33/SF
EGI
$236.8K $6.15/SF
− OpEx
−$35.5K −$0.92/SF
NOI
$201.2K $5.23/SF
Area
Cook County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,024,860
Cap Rate 7%
$2,874,900
Cap Rate 9%
$2,236,033
Alternative Uses
Best Use
Warehouse
$2.87M
$2.52M – $3.35M
NOI $201,243 @ 7.0% cap · market cap 3.14%
Second Best
Industrial
$2.37M
$2.07M – $2.76M
NOI $165,730 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$13.29M
$11.63M – $15.51M
NOI $930,461 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Clean X-Large Laundry Basket — 9233 South, Beloit Ave, Bridgeview, IL 60455
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial space designated I-2 for warehouse and distribution operations.
Where is this warehouse located?
The property is located at 9725 Industrial Dr Bridgeview, IL.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: 38,500 SF of warehouse and distribution space; I‑2 zoning supports an industrial property profile; Located at 9725 Industrial Drive in Bridgeview, Illinois 60455
