Industrial Office Warehouse
For Sale
$6,500,000
9735 Industrial Dr, Bridgeview, IL 60455
Move-in ready industrial office warehouse featuring newly renovated offices, heavy-load floors, and 5 oversized grade-level doors.
Property Size25,000 SF
Days on Market200
Property Features for 9735 Industrial Dr
General Information
Standard status
Active
Size
25,000 SF
Property subtype
Industrial
Building Details
Building Size
25,000 SF
Year Built
1980
Listing Agency:
SVN | Chicago Industrial
Listed By:
Dione Durham · License #475212187
(847) 460-8319
Source:
Svn
Added: Apr 12
Changed: Oct 26
Last Checked: Oct 28 at 5:37AM
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 SVN | Chicago Industrial
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Investment Insights
Based on property information with market context.
A fully sprinklered one- and two-story industrial/office building offering a renovated office component and substantial warehouse space. The main floor includes large offices opening to shop areas with clear heights of 14' (75%) and 20' (25%), along with mezzanine storage and additional shop office areas. The warehouse includes a crane bay and heavy-load floors described as 5" thick at grade, with floor drains and 3-phase electric service, plus 800 amps. The facility is served by five oversized, motorized openers across four bays, with door sizes listed as four (20' x 14') and one (22' x 14'), and includes a reception area and multiple restroom locations across both floors, as well as a shop restroom. A fenced yard area and an included 1,350 sf outbuilding training center round out the improvements.
The site totals approximately 4.5 acres and is situated along about 220 feet of I-294 frontage with an advertising billboard pole sign. The property also includes an additional 2.43 acres of yard directly across the street on Industrial Drive. A cell tower ground lease generating income is included with the offering.
Construction is described as masonry block walls with steel beams, columns, and bar joists, brick on all elevations, along with replacement of the entire roof and new HVAC systems. The current owner operation is in progress; appointments are required and entry should be avoided without authorization.
The site totals approximately 4.5 acres and is situated along about 220 feet of I-294 frontage with an advertising billboard pole sign. The property also includes an additional 2.43 acres of yard directly across the street on Industrial Drive. A cell tower ground lease generating income is included with the offering.
Construction is described as masonry block walls with steel beams, columns, and bar joists, brick on all elevations, along with replacement of the entire roof and new HVAC systems. The current owner operation is in progress; appointments are required and entry should be avoided without authorization.
Key Highlights
- 4.5‑acre site with approx. 30,000 SF industrial/office building adjacent to I‑294 at 95th & Harlem Ave in Bridgeview
- Fully sprinklered 1- and 2‑story building with reception area, large main‑floor offices, and 14' to 20' shop clear heights
- 15,000 SF warehouse/truck and maintenance repair area with mezzanine storage and crane‑bay design plus shop office areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$263,250
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,265,000
$5.3M
Cap Rate 7%
$3,760,714
$3.8M
Cap Rate 9%
$2,925,000
$2.9M
Market Conditions
NOI Build-Up for 25,000 SF
Gross rent
$450.0K $18.00/SF
− Vacancy
−$45.0K −$1.80/SF
EGI
$405.0K $16.20/SF
− OpEx
−$141.8K −$5.67/SF
NOI
$263.3K $10.53/SF
Area
Cook County, IL
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,265,000
Cap Rate 7%
$3,760,714
Cap Rate 9%
$2,925,000
Alternative Uses
Best Use
Flex RnD
$3.76M
$3.29M – $4.39M
NOI $263,250 @ 7.0% cap · market cap 4.05%
Second Best
Warehouse
$1.87M
$1.63M – $2.18M
NOI $130,677 @ 7.0% cap · market cap 2.01%
Theoretical Best
Office A
$8.63M
$7.55M – $10.07M
NOI $604,195 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
Under-served
Demand for This Use
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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
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- S & K Stevens Management Co — 10135 S Roberts Rd # 201, Palos Hills, IL 60465
Frequently Asked Questions
What type of property is this?
Flex space - Move-in ready industrial office warehouse featuring newly renovated offices, heavy-load floors, and 5 oversized grade-level doors.
Where is this flex space located?
The property is located at 9735 Industrial Dr Bridgeview, IL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 4.5‑acre site with approx. 30,000 SF industrial/office building adjacent to I‑294 at 95th & Harlem Ave in Bridgeview; Fully sprinklered 1- and 2‑story building with reception area, large main‑floor offices, and 14' to 20' shop clear heights; 15,000 SF warehouse/truck and maintenance repair area with mezzanine storage and crane‑bay design plus shop office areas
