80 Lk St, Northlake, IL 60164-2406
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.
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
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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.