1400 Norwood Ave, Itasca, IL 60143-1129
This exceptional industrial property, located in Chicago's O'Hare submarket cluster, offers 102,617 square feet of warehouse, distribution, and manufacturing space. Currently, there is 38,956 square feet of vacant space available, divisible to a minimum of 19,478 square feet. The building boasts a desirable 16-foot clear ceiling height, enhancing operational efficiency. On-site amenities include 4,692 square feet of office space, providing ample room for administrative functions. The property features convenient access to transportation networks, with 4 interior loading docks and 3 drive-in doors facilitating seamless loading and unloading. Its strategic location offers easy access to major thoroughfares, including full interchanges at I-290 and IL 390, placing it within minutes of O'Hare International Airport. This multi-tenant building presents a unique opportunity for businesses seeking flexible and strategically located industrial space in the thriving O'Hare market. The available space is ideal for a variety of uses, from warehousing and distribution to light manufacturing. The property's combination of size, features, and location makes it an attractive option for companies seeking to establish or expand their operations in the Chicago area. Contact us today to learn more about this exceptional opportunity.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
I · Itasca, ILItasca. Always verify with local authorities before improvements.
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.