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5400 W Lake St
Melrose Park, IL 60160
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Two freestanding industrial buildings with heavy power
- Multiple dock configurations and overhead doors
- Value-add potential across both sites
- Strategic location near I-294, I-290, and O’Hare Airport
- Clear heights up to 30 feet for flexible operations
EXECUTIVE SUMMARY
This dual-site industrial offering presents a rare opportunity to acquire two freestanding manufacturing facilities in the highly accessible Melrose Park and Northlake submarkets of Chicago. Located just 1.1 miles from I-294 and 1.5 miles from I-290, and under 10 miles from O’Hare International Airport, the properties offer exceptional regional connectivity for logistics, distribution, and manufacturing operations.
The Melrose Park facility at 5400 West Lake Street spans ±117,475 SF and features significant infrastructure including heavy power, four interior docks, and multiple overhead doors. With clear heights ranging from 16’ to 30’, the building supports a wide range of industrial uses. The ±2,500 SF of office space allows for integrated operations, while the site’s value-add potential makes it attractive for repositioning or redevelopment.
Surrounded by major corporate neighbors and located in a well-established industrial corridor, this portfolio is ideal for users seeking strategic location, infrastructure, and long-term upside.
The Melrose Park facility at 5400 West Lake Street spans ±117,475 SF and features significant infrastructure including heavy power, four interior docks, and multiple overhead doors. With clear heights ranging from 16’ to 30’, the building supports a wide range of industrial uses. The ±2,500 SF of office space allows for integrated operations, while the site’s value-add potential makes it attractive for repositioning or redevelopment.
Surrounded by major corporate neighbors and located in a well-established industrial corridor, this portfolio is ideal for users seeking strategic location, infrastructure, and long-term upside.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1971 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 1/1,000 SF |
| Lot Size | 9.56 AC | Clear Ceiling Height | 30’ |
| Rentable Building Area | 188,958 SF | No. Dock-High Doors/Loading | 4 |
| Zoning | G, M-2, I2 - Industrial | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 9.56 AC |
| Rentable Building Area | 188,958 SF |
| No. Stories | 1 |
| Year Built | 1971 |
| Tenancy | Single |
| Parking Ratio | 1/1,000 SF |
| Clear Ceiling Height | 30’ |
| No. Dock-High Doors/Loading | 4 |
| Zoning | G, M-2, I2 - Industrial |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $792,872 | |
| Land Assessment | $597,720 | Total Assessment | $1,390,592 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$597,720
Improvements Assessment
$792,872
Total Assessment
$1,390,592
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