1325 31st Ave, Melrose Park, IL 60160-2925
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.
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LB TRANSPORT INC. Freight Service Logistics Company
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Bellrose Partners LLC Parking Lot & Garage
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VIP Charter Inc. Travel Agency Tour Operator
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G and G Autobody and Detail Auto Repair Shop
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J & M Truck Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.