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1529 N 31st Avenue Melrose Park, IL 60160

$20.00 / Per SQFT
Active / MLS# 12492889 / Rental - Industrial / Melrose Park
0 Beds
39000 SqFt

Fully renovated in 2022, this 39,000 SF industrial facility is designed for transportation, logistics, and fleet operations. The property features executive-quality offices, a modernized maintenance shop with professional-grade infrastructure, and a warehouse with both dock and drive-in loading. Recent capital improvements include a new roof, partial HVAC replacement, LED lighting throughout, a newly paved asphalt yard with cement dolly pads, and a comprehensive security system with 65 high-definition cameras. Strategically located in the O'Hare Industrial Submarket, the property offers immediate access to I-290, I-294, and I-88, and is just minutes from O'Hare International Airport. The facility can be delivered with equipment in place or vacant, providing flexibility for a wide range of industrial and transportation users. Originally built in 1962 and completely rehabilitated in 2022, this 3.39-acre site is zoned M-1 and offers approximately 50 stalls for trucks and trailers within a fully fenced yard featuring two secure gates. The warehouse and shop areas include nine exterior docks and five drive-in doors, while the yard has been resurfaced and equipped with new LED lighting and cement dolly pads. The building's roof was replaced in 2022, and half of the HVAC systems were upgraded the same year. Inside, the executive offices were fully remodeled with high-end finishes, conference rooms, and dispatch space. The shop area includes multiple lifts, compressor lines, an alignment machine for medium-duty trucks, a $300,000 oversized paint booth, and a dedicated parts room. A driver's room with washers, dryers, and showers adds to the facility's convenience and functionality. The truck wash bay is heated, vented, and equipped with a floor drain system. The shop offers 20-foot ceiling height with 18-foot clear height, while the warehouse has a 15-foot-6-inch ceiling with a 13-foot-6-inch clear height. The property is equipped with a sprinkler system, industrial-grade concrete flooring in excellent condition, and efficient LED fixtures throughout the interior and exterior. Additional highlights include a fully integrated security system, extensive yard lighting with automatic activation, and prime positioning within the Chicago metro trucking corridor. With its modern infrastructure, premium finishes, and unbeatable location near O'Hare, this facility offers a rare opportunity for transportation and logistics operators seeking a turnkey property in one of Chicago's most sought-after industrial submarkets.

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Property Details

Property Type: Rental - Industrial
Cooling: Central Air, Exhaust Fan, Office Only, Ceiling Fan(s)
Lot Size: 3.39 Acres
Stories: 1.0
Year Built: 1962

Feature Descriptions

Electric: Service - 201 to 600 Amps, Power - 480V, Three Phase, Other
Exterior: Brick, Concrete, Block
Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors, Sprinklers-Wet, Sprinklers, Carbon Monoxide Detector(s)
Flooring: Carpet, Tile, Vinyl, Sealed
HVAC: Ceiling Units, Forced Air, Gas
Miscellaneous Indoor: Common Lunchroom/s, Common Meeting Room/s, Elevator/s Passenger, Overhead Door/s, Private Restroom/s, Public Restroom/s, Skylight/s, Storage Inside, Pre-wired PC Network, Laundry Room, Mezzanine
Number of Tenant(s): 1
Parking: 51-100 Spaces
Rental Term: Per SQFT
Tenant Pays: Electricity, Taxes, Insurance
Units: 1
Utilities: Electricity Available, Natural Gas Available

Location

See details and scored characteristics about this location.

Listing Office: Averta Realty

Listing Office Phone: 224-804-0504



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