Property summary
This exceptional 1.47-acre industrial land parcel presents a unique sublease opportunity in the highly desirable O'Hare submarket. Ideally suited for trailer storage, this expansive lot offers approximately 50 trailer positions, providing ample space for your operational needs. The property's strategic location within the O'Hare area ensures convenient access to major transportation arteries, facilitating efficient logistics and distribution. This sublease presents a cost-effective solution for businesses seeking immediate access to a well-situated industrial site without the long-term commitment of a direct lease. Furthermore, a complementary 40,338 square foot industrial space is available for sublease at a nearby location (2680 W. Lake Street, Melrose Park), offering potential for expansion or synergistic operations. This combined offering provides a compelling opportunity to secure significant industrial space in a prime location. The property is designated as industrial land and is currently available for sublease on a single-tenant basis. Serious inquiries are encouraged to explore this exceptional opportunity to establish or expand your business in this thriving industrial hub. The property's size and location make it an attractive option for companies requiring substantial outdoor storage capacity in close proximity to O'Hare International Airport. This sublease presents a flexible and efficient solution for businesses seeking immediate occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Freight Service Logistics Company
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Parking Lot & Garage
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Travel Agency Tour Operator
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Auto Repair Shop
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Car Wash
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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