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    OFF-MARKET
    Industrial properties

    80 Lk St, Northlake, IL 60164-2406

    0.07 ac lot Built 1962
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US28-1398255
    Property summary
    AI-generated overview

    This exceptional 9,026-square-foot industrial property in Northlake, IL, presents a unique owner-user opportunity. Located at 80 W Lake Street, this Class B building boasts a versatile layout ideal for distribution, flex, or manufacturing uses. Completely renovated in 2022, the property features a new roof, HVAC system, windows, and exterior metal paneling. The interior includes ample warehouse space with two 12-foot garage doors and one loading dock, complemented by nine offices (four on the first floor and five on the second). Additional features include three bathrooms (one full with a shower), high warehouse ceilings, and rough-in plumbing for a kitchen area. Situated on a 0.09-acre lot, this single-story, two-level building offers significant value at $110.24 per square foot. The property is vacant and ready for immediate occupancy on August 1, 2024. The Cook County APN is 15-06-210-017-0000. Real estate taxes are approximately $38,000 annually. This is a turnkey operation, perfect for a business seeking a modern and efficient workspace. The property's recent renovations ensure low maintenance costs and immediate functionality. Don't miss this chance to acquire a well-maintained, strategically located industrial asset.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1962
    Lot 0.07 ac (3,150 SF)
    APN 15-06-210-018
    UPID US28-1398255
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Cilantro Taco Grill Northlake LLC · 4 yrs held
    Cilantro Taco Grill Northlake LLC
    since 2021
    4 recorded transactions
    2024
    2021
    2021
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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