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Metroplex Business Park 1900 N Austin Ave 1,000,000 SF 100% Leased Industrial Building Chicago, IL 60639 For Sale
INVESTMENT HIGHLIGHTS
- Expansive 1 million-square-foot manufacturing facility, including 865,000 square feet of industrial space and 135,000 square feet of office space.
- Spanning 23+ acres in an Enterprise Zone with two surface parking lots and on-site rail access, including rail doors and two inactive spurs.
- Located in an affluent area offering access to a robust and skilled labor force and a consumer base of over 10 million people within a short drive.
- Building features include 26-foot clear heights, 30 docks, 20 drive-in doors, and 2,500-amp/480-volt heavy power.
- Excellent connectivity via Route 50, Edens and Eisenhower highways, and proximity to O’Hare International Airport, ideal for distribution & logistics.
- Prime location strategically in Northwest Chicago within 10 minutes of the Kennedy/Eisenhower Expressway and one block from the Metra.
EXECUTIVE SUMMARY
Metroplex Business Park offers an exceptional opportunity to own and occupy an established, well-positioned manufacturing facility in Northwest Chicago's booming industrial hub. Consisting of roughly 1 million square feet, this expansive property comprises 865,000 square feet of manufacturing space and 135,000 square feet of designated office space. Building specifications include clear heights up to 26 feet, 30 docks, 20 drive-in doors, and heavy power accommodation of 2,500-amp/480 volts.
Situated on a spacious 23+ acre site, the property features two surface parking lots on either end of the building. Metroplex Business Park is well-equipped with rail available to the site, with rail doors and two inactive spurs in place. Investors will benefit from the on-site rail, strategic positioning in an Enterprise Zone, and value-add potential.
The Northside of Chicago is home to some of the wealthiest ZIP codes and a substantial labor force in the metropolitan area. Industrial asset owners and tenants are attracted to locations along Route 50 (Cicero Avenue), the Edens and Eisenhower highways, and the proximity to Chicago O'Hare International Airport. Metroplex Business Park is ideally located less than 10 minutes from the Kennedy/Eisenhower Expressway and one block from the Metra. These well-connected networks are fantastic for distribution operations and provide just-in-time inventory access points to reach over 10 million people within a short drive.
Situated on a spacious 23+ acre site, the property features two surface parking lots on either end of the building. Metroplex Business Park is well-equipped with rail available to the site, with rail doors and two inactive spurs in place. Investors will benefit from the on-site rail, strategic positioning in an Enterprise Zone, and value-add potential.
The Northside of Chicago is home to some of the wealthiest ZIP codes and a substantial labor force in the metropolitan area. Industrial asset owners and tenants are attracted to locations along Route 50 (Cicero Avenue), the Edens and Eisenhower highways, and the proximity to Chicago O'Hare International Airport. Metroplex Business Park is ideally located less than 10 minutes from the Kennedy/Eisenhower Expressway and one block from the Metra. These well-connected networks are fantastic for distribution operations and provide just-in-time inventory access points to reach over 10 million people within a short drive.
PROPERTY FACTS
| Sale Type | Investment or Owner User | No. Stories | 5 |
| Property Type | Industrial | Year Built | 1963 |
| Property Subtype | Manufacturing | Parking Ratio | 2/1,000 SF |
| Building Class | C | Clear Ceiling Height | 26’ |
| Lot Size | 23.91 AC | No. Dock-High Doors/Loading | 30 |
| Rentable Building Area | 1,000,000 SF | No. Drive In / Grade-Level Doors | 20 |
| Zoning | PMD 15 - Planned Manufacturing District | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 23.91 AC |
| Rentable Building Area | 1,000,000 SF |
| No. Stories | 5 |
| Year Built | 1963 |
| Parking Ratio | 2/1,000 SF |
| Clear Ceiling Height | 26’ |
| No. Dock-High Doors/Loading | 30 |
| No. Drive In / Grade-Level Doors | 20 |
| Zoning | PMD 15 - Planned Manufacturing District |
AMENITIES
- Bus Ducts
- Fenced Lot
- Freezer (Space)
- Property Manager on Site
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 2nd Floor
- 500-200,000 SF
- Industrial
- -
- 60 Days
- 3rd Floor
- 500-200,000 SF
- Industrial
- -
- 60 Days
- 4th Floor
- 500-200,000 SF
- Industrial
- -
- 60 Days
- 5th Floor
- 500-200,000 SF
- Industrial
- -
- 60 Days
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 500-200,000 SF | Industrial | - | 60 Days |
| 2nd Floor | 500-200,000 SF | Industrial | - | 60 Days |
| 3rd Floor | 500-200,000 SF | Industrial | - | 60 Days |
| 4th Floor | 500-200,000 SF | Industrial | - | 60 Days |
| 5th Floor | 500-200,000 SF | Industrial | - | 60 Days |
1st Floor
| Size |
| 500-200,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 60 Days |
2nd Floor
| Size |
| 500-200,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 60 Days |
3rd Floor
| Size |
| 500-200,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 60 Days |
4th Floor
| Size |
| 500-200,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 60 Days |
5th Floor
| Size |
| 500-200,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 60 Days |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 500-200,000 SF |
| Space Use | Industrial |
| Condition | - |
| Available | 60 Days |
ABOUT NORTH CHICAGO
The north side of Chicago contains easily the most population-dense residential areas throughout the whole metropolitan region. Manufacturers and logistics companies are drawn to this location not only for its high residential counts but also for its easy access to interstates 94 and 88 to the west and south, as well as the Jean Baptiste Point DuSable Lake Shore Drive to the east. The area’s small and midsized manufacturing companies benefit from the area’s dense, infill location and span across a variety of industries, including durable and non-durable goods wholesaling, commercial printing, HVAC, plumbing, and construction.
As desirable as this location is for last-mile distribution demand, millions of industrial square feet have been demolished here over the past decade, when previous industrial space owners capitalized on the rising demand for land to be redeveloped into other uses like retail, multifamily, and even office properties in the region’s southwestern portion. One of the largest parcels, the 840,000-square-foot Freedom Center on Goose Island, where the Chicago Tribune printed its newspaper since 1981, is being redeveloped to accommodate the gaming company Bally’s new $1.74 billion casino complex, set to open in 2026 or 2027.
Coupling the area’s excellent location with its historically low availability rates for industrial space, should bode well for area investors who want to capitalize on space demand to remain high for many years to come.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Chicago
2,705,994
6
0 h 13 m
Indianapolis
867,125
188
3 h 47 m
Detroit
672,662
290
5 h 30 m
Columbus
892,533
326
7 h 5 m
Nashville
669,053
475
9 h 0 m
Memphis
650,618
547
10 h 12 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
2,891,449
Total Labor Force
1,516,204
Unemployment Rate
3.61%
Median Household Income
$79,144
Warehouse Employees
220,014
High School Education Or Higher
88.40%
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| KFC | - | - | 10 min walk |
| A's Redhots | Polish | - | 11 min walk |
| Ap Deli | Deli | $ | 11 min walk |
| Subway | - | - | 11 min walk |
| Ben's Bar Be Cue | Barbecue | $ | 12 min walk |
| Surf's Up | Seafood | $$$$ | 13 min walk |
| China Chop Suey Inc | Chinese | $ | 13 min walk |
| Big Dolphin | Chicken | $$ | 16 min walk |
RETAIL |
||
|---|---|---|
| State Farm | Insurance | 9 min walk |
| Metro By T-mobile | Wireless Communications | 11 min walk |
| Dollar Tree | Dollar/Variety/Thrift | 11 min walk |
| Old Second National Bank | Bank | 12 min walk |
| Edward Jones | Finance Company | 14 min walk |
HOTELS |
|
|---|---|
| Super 8 |
64 rooms
12 min drive
|
| Hyatt Place |
99 rooms
14 min drive
|
| Comfort Suites |
160 rooms
15 min drive
|
| Best Western Plus |
56 rooms
15 min drive
|
| FairBridge Inn Express |
80 rooms
16 min drive
|
| Hampton by Hilton |
135 rooms
17 min drive
|
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,777 | |
| Land Assessment | $3,912,852 | Total Assessment | $3,912,951 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,912,852
Improvements Assessment
$5,777
Total Assessment
$3,912,951
SALE ADVISOR
SALE ADVISOR
Peter Arenson, President
Peter Arenson serves as President of the Austin 1900 Building, bringing leadership and strategic oversight to one of the area's notable historic properties. Based in Chicago, IL, Peter combines deep industry insight with a commitment to preserving and enhancing the value of landmark buildings. His role reflects a dedication to both the architectural legacy and ongoing revitalization of urban spaces.
1 of 24
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Austin 1900 Building
Metroplex Business Park | 1900 N Austin Ave
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