Property summary
This exceptional 15,365-square-foot cold storage facility presents a compelling value-add investment opportunity. Situated on a 0.4-acre corner lot in Schiller Park, Illinois (60176), this two-story building boasts a prime location less than three miles from Chicago O'Hare International Airport. Constructed in 1976 and extensively renovated in 2014 ($1,000,000 investment), the property features masonry block and poured concrete walls. The renovation included a conversion to cold storage. The building includes 14 dock-high doors and one loading dock, facilitating efficient operations. A new roof was installed in 2006. The property benefits from a 143-foot frontage along Old River Road, with convenient access via Old River Road, Irving Park Road, W Lawrence Avenue, and I-294. The rectangular lot measures approximately 125 feet by 142.43 feet. The property is zoned C-2 and offers second-floor office space. This vacant property is ideal for owner-users seeking a strategically located, well-maintained cold storage facility. The property's proximity to major transportation arteries and the airport makes it an attractive option for businesses needing efficient logistics.
Property profile
VerifiedCap rate & NOI
Current use
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Catering Service Take-out & Catering
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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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