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360 Melvin Dr

16,113 SF Industrial Building Northbrook, IL 60062 $1,895,000 ($118/SF)

Investment Highlights

  • Corner lot with highly visible monument sign
  • Security system
  • LED light fixtures
  • Prime location close to I-94 Tri State Tollway, Route 43 and Route 41
  • Executive office with bathroom

Executive Summary

Price reduced to $1,895,000($113/SF). Actual building size is 16,670 SF. Prime location on corner lot in Sky Harbor Industrial Park. Highly visible monument sign. Office area includes space for reception, showroom, conference room, multi-purpose room (training, company meetings, etc) and lunch/break room. 8 offices and 4 bathrooms including a full bathroom in the executive. Security System. Additional drive in door can be added.

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,895,000
Price Per SF $118
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • Industrial Service
  • FlexLight Distribution
Building Class B
Lot Size 1.14 AC
Rentable Building Area 16,113 SF
No. Stories 1
Year Built 1983
Tenancy Single
Parking Ratio 1.86/1,000 SF
Clear Ceiling Height 17 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1

Amenities

  • Courtyard
  • Security System
  • Reception
  • Monument Signage

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-05-202-037-0000
Land Assessment
$117,205 (2024)
Improvements Assessment
$120,346 (2024)
Total Assessment
$237,551 (2024)
Annual Taxes
($16,113) (($1.00)/SF)
Tax Year
2023 Payable 2024

zoning

Zoning Code I-1 (Restricted Industrial)
I-1 (Restricted Industrial)
  • Listing ID: 29228654

  • Date on Market: 8/9/2023

  • Last Updated:

  • Address: 360 Melvin Dr, Northbrook, IL 60062

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