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    FOR LEASE
    Industrial properties

    1360 Wood Dale Rd, Wood Dale, IL 60191

    60,848 SF 5.15 ac lot Built 1989
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-1018996
    1360 Wood Dale Rd, Wood Dale, IL 60191 For Lease
    $11,035,000 60,269 SF available
    1360 Wood Dale Rd, Wood Dale, IL 60191
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 4,120-square-foot flex space, part of a larger 60,269-square-foot building, is ideally situated in Wood Dale, Illinois's O'Hare submarket at 1360 Wood Dale Road, zip code 60191. The property boasts a prime location with convenient access to I-390, providing direct access to O'Hare International Airport. Built in 1989, this single-story building features 12-foot clear ceiling heights, enhancing functionality and storage capacity. The space includes approximately 3,395 square feet of office area and 725 square feet of warehouse space. Loading is facilitated by 15 dock-high doors and 2 drive-ins. Ample parking is available, with a ratio of 2.5 spaces per 1,000 square feet. The property sits on 5.15 acres of land and benefits from new LED lighting, professional management, and frontage along Wood Dale Road. Low DuPage County taxes add to the financial appeal. The minimum divisible space is 4,120 square feet, with a maximum contiguous space of the same size. The building comprises six total suites. This is a rare opportunity to lease high-image space in a well-maintained building with excellent access to transportation and amenities.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1989
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 60,848 SF
    Lot 5.15 ac (224,334 SF)
    Zoning code I
    APN 03-04-204-008
    UPID US28-1018996
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Stryker Orthopaedics Medical Clinic
    • Stryker Corporation Orthotics & Prosthetics Service
    • Waters Corporation Industrial Manufacturer Production Facility
    • ETS-Lindgren Factory Production Facility
    • TA Instruments Association Or Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $10.79M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $8.05M
    Blend (final) Blend
    $11.04M
    Owner & transaction history
    1360 Wood Dale Owner LP · 4 yrs held
    1360 Wood Dale Owner LP
    since 2022
    Last sale
    $11.5M
    7 recorded transactions
    2022
    2021
    $11.5M
    2018
    2016
    $6.0M
    2006
    1999
    1998
    Zoning & alternative use
    I · Wood Dale, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $13.7M +108.6%
    Retail stores $13.1M +99.5%
    Commercial (general) $11.2M +69.9%
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    More about this property
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