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75 W Lake St 22,797 SF 100% Leased Industrial Building Melrose Park, IL 60164 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 Northlake property at 75 West Lake Street offers ±22,797 SF with ±3,000 SF of office space, three exterior docks, and one large overhead door. Built in the 1960s, it provides a smaller footprint ideal for owner-users or satellite operations. Both buildings sit on a combined ±5.91-acre parcel, offering ample yard space and flexibility for future expansion.
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 Northlake property at 75 West Lake Street offers ±22,797 SF with ±3,000 SF of office space, three exterior docks, and one large overhead door. Built in the 1960s, it provides a smaller footprint ideal for owner-users or satellite operations. Both buildings sit on a combined ±5.91-acre parcel, offering ample yard space and flexibility for future expansion.
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 | Rentable Building Area | 22,797 SF |
| Property Type | Industrial | No. Stories | 1 |
| Building Class | B | Year Built | 1973 |
| Lot Size | 1.20 AC | Parking Ratio | 5.26/1,000 SF |
| Zoning | C, Melrose Park - Industrial | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 1.20 AC |
| Rentable Building Area | 22,797 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 5.26/1,000 SF |
| Zoning | C, Melrose Park - Industrial |
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PROPERTY TAXES
| Parcel Number | 15-05-300-015-0000 | Improvements Assessment | $17,594 |
| Land Assessment | $104,544 | Total Assessment | $122,138 |
PROPERTY TAXES
Parcel Number
15-05-300-015-0000
Land Assessment
$104,544
Improvements Assessment
$17,594
Total Assessment
$122,138
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75 W Lake St
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