Property profile

5700 Mcdermott Dr Berkeley, IL 60163

FOR LEASE
Industrial (General)
Property ID
US28-0088387
50,185 SF 2.82 ac lot Built 1966
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Property summary

AI-generated overview

5700 McDermott is a multi-building industrial complex in Cook County comprising 51,180 square feet on a 2.82-acre site. The complex includes a 46,180-square-foot main building and two storage buildings of approximately 2,500 square feet each, both with overhead doors. The main building contains a two-story office area totaling about 11,590 square feet (approximately 5,795 square feet per floor), and features roof-mounted solar panels totaling 342 panels and a roof with newly added solar. Warehouse clear height is 15 feet 5 inches, and the loading configuration includes four interior dock doors and three drive-in doors. The property has 800 amps of electrical service and is eligible for a Class 6B tax incentive. It is positioned for access to I-294 and I-290 and is located near the Union Pacific Global II Intermodal Terminal.

Property profile

Verified
Property type Industrial (General)
Year built 1966
Total area 50,185 SF
Lot 2.82 ac (122,839 SF)
APN 15-06-400-035
UPID US28-0088387

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
  • General Contractor

Location

5700 Mcdermott Dr Berkeley, IL 60163
Berkeley metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
Last sale
$2.0M
1 recorded transaction
2018
$2.0M
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