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1540 Hannah Ave 13,000 SF 100% Leased Flex Building Forest Park, IL 60130 $2,600,000 ($200/SF)
Investment Highlights
- Conveniently located about one mile from the I-290 interchange and approximately 18 miles from O’Hare International Airport
- Includes two drive-in doors (14’ and 10’) and a clear height of 17’8”, supporting a variety of industrial and flex uses.
- Situated on a 0.76-acre lot with 7,400 square feet of secured outdoor yard space and an additional parking lot for enhanced functionality.
Executive Summary
Beautiful custom buildout, recently renovated. Properties are 85% leased and generating $22,500/month gross. Long term lease begins for 1540 on August 1, 2026.
Property Facts
| Price | $2,600,000 | Rentable Building Area | 13,000 SF |
| Price Per SF | $200 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1970/2023 |
| Property Type | Flex | Parking Ratio | 1.92/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 17’8” |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.35 AC | ||
| Zoning | I-2 - Industrial District | ||
| Price | $2,600,000 |
| Price Per SF | $200 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 0.35 AC |
| Rentable Building Area | 13,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1970/2023 |
| Parking Ratio | 1.92/1,000 SF |
| Clear Ceiling Height | 17’8” |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-2 - Industrial District |
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Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 15-24-213-027-0000 | Improvements Assessment | $579 |
| Land Assessment | $3,632 | Total Assessment | $4,211 |
Property Taxes
Parcel Number
15-24-213-027-0000
Land Assessment
$3,632
Improvements Assessment
$579
Total Assessment
$4,211
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1540 Hannah Ave