1401 S Circle Ave - Warehouse FOR SALE


Forest Park, IL 60130
$3,750,000 USD
773-736-3600
1401 S Circle Ave, Forest Park, IL for Sale
$3,750,000 USD
Warehouse - FOR SALE
1/16
null | 4.03% Cap Rate

1401 S Circle Ave
Forest Park, IL 60130


HIGHLIGHTS

  • Partially Leased with Long-Term Tenants in place.
  • 45,000 SF Industrial Building on 2.019 Acres in Forest Park.
  • 2 docks, 3 drive-in doors and 30 parking spaces.
  • Tenants include gymnastics center, MMA gym and baseball group.
  • Close to I-290 and Harlem Blue Line Station.
  • Available For Lease: 11,000 SF warehouse/production space on 1st floor and 4,500 SF office/flex space on 2nd floor.

OVERVIEW

Excellent user/investment opportunity in an affluent suburb with long-term tenants in place. This partially-leased 45,000 SF industrial building sits on 2.019 acres in Forest Park. The property offers 2 docks, 3 drive-in doors, and 30 parking spaces. Current tenants include a gymnastics center, MMA gym, and a baseball group. 11,000 SF 1st floor warehouse/production space is available for lease at $10 PSF, Modified Gross. 4,500 SF 2nd floor office/flex space for lease at $8 PSF, Modified Gross. Conveniently located near I-290 and a variety of amenities such as Walmart, Costco, and the Harlem Blue Line station.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

4.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

UTILITIES

Heating - Gas

CLEAR CEILING HT

19 Ft

DOCKS

2

DRIVE INS

3

PARKING SPACES

30

LAND DETAILS

LAND ACRES

5.58

LAND SF

243,065

ZONING

I-1, Forest Park

APN/PARCEL ID

15-24-205-026-0000

ASK ABOUT THIS PROPERTY

Adam Schneiderman, SIORStrauss RealtyMore Info
773-736-3600

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Adam Schneiderman, SIORStrauss RealtyMore Info
773-736-3600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.