Bridgeview Industrial Portfolio — Sale in Bridgeview, IL
- Price: $4M
- Listing type: For sale
- Asset type: Industrial Property
- Location: Bridgeview, IL 60455
- Size: 501,633 SF
- Year built: 1979
Photos
Description
Jones Lang LaSalle ("JLL"), as exclusive advisor to ownership, has been retained to market for sale the fee-simple interest in the Bridgeview Industrial Portfolio (the "Portfolio", the "Properties", or the "Offering"). The Portfolio consists of three industrial assets totaling 501,633 square feet. Currently 30% leased to two tenants, the Offering presents investors with outsized value-add upside through vacancy lease-up and extremely well located Chicago assets at a steep discount to today's replacement cost. Bridgeview, in the South Suburbs JLL submarket, is strategically positioned between I-55 and I-294, with proximate access to the CSX Intermodal Yard in Bedford and Chicago's Midway International Airport. This transportation infrastructure, coupled with outstanding exposure to Chicago's vast labor pools, drove nearly 1 MSF of net absorption to the submarket in 2025 and maintained its sub-4% vacancy rate. With a severely muted development pipeline and a lack of competing availabilities, the submarket is poised for future growth and leasing velocity.
Market Context
This industrial in Bridgeview, IL is listed for sale at $3,990,000 across 501,633 SF. The building dates to 1979. Compare it against other industrial listings for sale in Bridgeview, IL — view the full market.
As of Q2 2026, the Chicago industrial market showed a 5.3% vacancy rate, and rents up 7.4% year over year. Source: multiple brokerage reports, Q2 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Industrial market FAQ
- Is the Chicago industrial market tightening or softening?
- Vacancy is around 5.3%, with asking rents rising year over year (Q2 2026).
Estimated Price per SF
$36.69/SF – $266.83/SF
Mid: $111.18/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Kurt Sarbaugh · 7739723940 · kurt.sarbaugh@jll.com
- Sean Devaney · 6304308918 · sean.devaney@jll.com
- Ed Halaburt · 7086911070 · ed.halaburt@jll.com
- Ross Bratcher · 3122282839 · ross.bratcher@jll.com
Explore this market
Similar Industrial Property for Sale in Bridgeview, IL
- Single-Tenant Industrial | North I-55 Corridor — Contact for price · Bridgeview, IL
- 9801 South Industrial Drive — $2.3M · Bridgeview, IL · 13,672 SF