4260 Old Riv Rd, Schiller Park, IL 60176-1638
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.
-
Food Evolution Catering Service Take-out & Catering
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.