Single-Tenant Industrial | North I-55 Corridor — Sale in Bridgeview, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Bridgeview, IL 60455
  • Year built: 1959

Photos

Single-Tenant Industrial | North I-55 Corridor — Sale in Bridgeview, IL, photo 1 of 2
Single-Tenant Industrial | North I-55 Corridor — Sale in Bridgeview, IL, photo 2 of 2

Investment Figures

Cap rate
8.18%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The property is a single-tenant industrial asset that spans 75,000 square feet and is situated on 3.07 acres of land. This industrial property features 18' clear height, five dock-high doors, and two drive-in doors, making it an ideal location for a variety of industrial uses. With 50 parking spaces, the property provides ample room for employees and visitors. Micron Metal Finishing, LLC currently leases the property through April 2028 at a rate of $6.26 per square foot on modified gross terms, with 3.0 percent annual escalations and two three-year renewal options. This lease structure provides a stable source of income for the property owner. The rent is considered below-market, creating a value-add opportunity if the tenant were to vacate the property. Supported by a management team with over a combined 100 years of experience, Micron Metal Finishing, LLC, is a provider of industrial power coating and custom metal finishing services. Located along Interstate 294, the property provides easy access to major transportation routes. The proximity to Interstate 55 and the CSX Bedford Park Intermodal also enhances the property's accessibility. This strategic location allows for efficient logistics and transportation of goods. The property's location in the North Interstate 55 Corridor submarket is particularly desirable, with a low vacancy rate of 3.9 percent and a strong rent growth of 4.1 percent during Q2 2026 (CoStar). Investment Highlights: • Single-Tenant 75,000-Square-Foot Industrial Asset Situated on 3.07 Acres • Features 18' Clear Height, Five Dock-High Doors, Two Drive-In Doors, & 50 Parking Spaces • Modified Gross Lease Through April 2028 at $6.26/SF with 3.0% Escalations and Two Three-Year Renewal Options | Below-Market Rent Creates Value-Add Opportunity if Tenant Vacates • Leased to Micron Metal Finishing, LLC, Provider of Industrial Power Coating and Custom Metal Finishing Services • Located Along I-294 with Close Proximity to I-55 and CSX Bedford Park Int

Market Context

This industrial in Bridgeview, IL is listed for sale. It is offered at an approximate 8.2% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1959. 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.

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