Property profile

4260 Old Riv Rd Schiller Park, IL 60176

OFF-MARKET
Industrial properties
Property ID
US28-5636863
0.41 ac lot Built 1980
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1980
Lot 0.41 ac (17,804 SF)
APN 12-15-309-035
UPID US28-5636863

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Catering Service Take-out & Catering

Location

4260 Old Riv Rd Schiller Park, IL 60176-1638
Schiller Park metro Census 770800 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2026
Last sale
$395,000
7 recorded transactions
2026
$867,000
2025
$395,000
2020
Price N/A
2016
$2.0M
2008
$1.1M
2008
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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