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1605-1609 N 31st Ave
Melrose Park, IL 60160
Two-Tenant Melrose Park Industrial · Industrial Property For Sale
Investment Highlights
- 10,060-Square-Foot Multi-Tenant Manufacturing Flex Asset Situated on 0.4 Acres
- Asset Positioned Well-Below Replacement Cost | Ideal for Owner-User or Investor Opportunity
- Fully Occupied by F.W. Kline Inc. and Your Custom Cabinetry Co. | 1.45 WALT and 3.00% Escalations
- Featuring Two Suites, 14’ Clear Height, Two Grade-Level Doors, and Two Dock Doors
- Located in Close Proximity to I-290, I-294, and O’Hare International Airport
- Outperforming Submarket Vacancy Rate of 5.4% vs. 7.6% National Average
Property Facts
| Property Type | Industrial | Year Built | 1959 |
| Property Subtype | Manufacturing | Parking Ratio | 1.2/1,000 SF |
| Building Class | B | Clear Ceiling Height | 14’ |
| Lot Size | 0.40 AC | No. Dock-High Doors/Loading | 2 |
| Rentable Building Area | 10,060 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 1 | ||
| Zoning | M-1 | ||
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 0.40 AC |
| Rentable Building Area | 10,060 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Parking Ratio | 1.2/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M-1 |
Amenities
- Floor Drains
Utilities
- Heating - Gas
Property Taxes
| Parcel Number | 15-04-207-038-0000 | Improvements Assessment | $104,236 |
| Land Assessment | $34,848 | Total Assessment | $139,084 |
Property Taxes
Parcel Number
15-04-207-038-0000
Land Assessment
$34,848
Improvements Assessment
$104,236
Total Assessment
$139,084
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