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125 N Prospect Ave 13,600 SF 100% Leased Flex Building Itasca, IL 60143 $950,000 ($69.85/SF)
Investment Highlights
- Flexible configuration with potential to reduce office space to 3,000 SF.
- Convenient access to I-290, I-390, and Route 83 for regional connectivity.
- Recent HVAC upgrades, including four new units and dedicated server room cooling.
- Excellent visibility and frontage on Prospect Avenue.
- Fully sprinklered building with 600-amp, 3-phase power and one drive-in door.
- Ample on-site parking with expansion capability.
Executive Summary
This versatile industrial property offers a unique combination of office and warehouse space in the thriving Itasca submarket. Situated on a 1.32-acre site, the building spans approximately 13,600 square feet and features a flexible layout with up to 12,000 square feet of office space, which can be reduced to 3,000 square feet to accommodate operational needs. The property includes one drive-in door, 18-foot clear height, and floor drains in the warehouse, making it suitable for a range of light manufacturing or distribution uses.
The site provides excellent exposure along Prospect Avenue and benefits from proximity to major transportation routes, including I-290, I-390, and Route 83, ensuring efficient regional connectivity. With ±30 parking spaces (expandable), 600-amp 3-phase power, and a fully sprinklered system, the property is well-equipped for modern business requirements. Recent upgrades include four new HVAC units and a dedicated A/C unit for the server room. Offered at $950,000, this asset presents an attractive opportunity for owner-users or investors seeking a well-located facility with expansion potential.
The site provides excellent exposure along Prospect Avenue and benefits from proximity to major transportation routes, including I-290, I-390, and Route 83, ensuring efficient regional connectivity. With ±30 parking spaces (expandable), 600-amp 3-phase power, and a fully sprinklered system, the property is well-equipped for modern business requirements. Recent upgrades include four new HVAC units and a dedicated A/C unit for the server room. Offered at $950,000, this asset presents an attractive opportunity for owner-users or investors seeking a well-located facility with expansion potential.
Property Facts
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $186,482 | |
| Land Assessment | $66,780 | Total Assessment | $253,262 |
Property Taxes
Parcel Numbers
Land Assessment
$66,780
Improvements Assessment
$186,482
Total Assessment
$253,262
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125 N Prospect Ave
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