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109 S 11th Ave 4,000 SF Industrial Building Maywood, IL 60153 $349,000 ($87.25/SF)
Investment Highlights
- Fully rehabbed 4,000-square-foot industrial building with modern upgrades and open-span design.
- Zoned BIP, allowing for a wide range of business and light industrial uses.
- Convenient access to I-290, I-294, O’Hare International Airport, and downtown Chicago.
- Includes office space with HVAC, bathroom with shower, and one grade-level drive-in door.
- Features closed-cell spray foam insulation, 200-amp electrical service, and security system with cameras.
- Located in an Opportunity Zone, offering potential tax benefits for qualifying investors.
Executive Summary
Fully rehabbed all steel and concrete warehouse/shop with office and bathroom (with shower). Move-in ready. No interior supports. Huge entry door opens into 4000 sqft with 10-18 foot high ceilings. 6 Exterior off-street owned parking spaces. Fantastic location: 8 minutes to 290 15 minutes to 294 25 minutes to Loop 20 minutes to O'Hare 30 minutes to Midway Passed all permit inspections Insulation and heat installation available on request Seller financing available. New: Office AC/Heating 200 amp electric service with 240v welding outlet 6" sewer to street Insulated utility closet 8 camera video system WiFi Internet Smartphone light and door control reversible shop ceiling fans. According to zoning department, land site is 50 square feet short of minimum requirement. Warehouse completely insulated with closed cell spray foam insulation. Two large gas heaters installed and piped.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$51,600
|
$12.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$51,600
|
$12.90
|
| Taxes |
$19,431
|
$4.86
|
| Operating Expenses |
$4,636
|
$1.16
|
| Total Expenses |
$24,067
|
$6.02
|
| Net Operating Income |
$27,533
|
$6.88
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $51,600 |
| Annual Per SF | $12.90 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $51,600 |
| Annual Per SF | $12.90 |
| Taxes | |
|---|---|
| Annual | $19,431 |
| Annual Per SF | $4.86 |
| Operating Expenses | |
|---|---|
| Annual | $4,636 |
| Annual Per SF | $1.16 |
| Total Expenses | |
|---|---|
| Annual | $24,067 |
| Annual Per SF | $6.02 |
| Net Operating Income | |
|---|---|
| Annual | $27,533 |
| Annual Per SF | $6.88 |
Property Facts Under Contract
Amenities
- 24 Hour Access
- Security System
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
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Property Taxes
| Parcel Number | 15-10-234-041-0000 | Total Assessment | $45,100 (2025) |
| Land Assessment | $9,540 (2025) | Annual Taxes | $19,431 ($4.86/SF) |
| Improvements Assessment | $35,560 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
15-10-234-041-0000
Land Assessment
$9,540 (2025)
Improvements Assessment
$35,560 (2025)
Total Assessment
$45,100 (2025)
Annual Taxes
$19,431 ($4.86/SF)
Tax Year
2024
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Presented by
Richard Glen Property Management LLC
109 S 11th Ave
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