
1529 N 31st Avenue, Melrose Park, IL 60160
Cook County
Key Facts
Description
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.
Property Information
Property Type
Commercial Lease
Sub-Type
Industrial
Year Built
1962
Stories
1
Lot Size
3.39 acres
Zoning
WRHSE
Days on Market
200
MLS® Listing#
12492889
Property Features
Cooling
Flooring
Construction
Utilities
Directions
From N Mannheim Rd, go east on Division St, then left on N 31st Ave - 1529 N 31st Ave is on the left.
Affordability Calculator
$60,000
Estimated monthly payment
$1,597/mo
Principal $240,000 · Est. interest $334,821 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Melrose Park, IL
- $346,410
- Median Listing Price
- 30
- Median Days on Market
- 1,654
- Median Sq Ft
- $210
- Median Price / Sq Ft
- 962
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Melrose Park, IL.
Location
Points of Interest in Melrose Park, IL
Showing the Melrose Park area map.
Nearby Schools
Grant Elementary School
Elementary · 0.3 mi away
Grace Montessori School
Elementary · 0.4 mi away
Grant Primary
Elementary · 0.4 mi away
Stevenson Middle School
Secondary · 0.6 mi away
Word of God
School · 0.9 mi away
McNelty School of the First Ba
School · 1.0 mi away
Melrose Park Elementary School
Elementary · 1.0 mi away
RR Trade Schools
Secondary · 1.1 mi away
McKinley Elementary School
Elementary · 1.1 mi away
Thurgood Marshall Elementary School
Elementary · 1.2 mi away
Bellwood School District
Secondary · 1.2 mi away
Meca Elementary Christian School
Elementary · 1.2 mi away
Whittier Elementary School
Elementary · 1.3 mi away
Jane Addams Elementary School
Elementary · 1.3 mi away
Scott Elementary School
Elementary · 1.3 mi away
Jefferson Primary School
Elementary · 1.3 mi away
School District 89
School · 1.4 mi away
Walther Christian Academy
School · 1.4 mi away
Pietrini Elementary School
Elementary · 1.5 mi away
St Paul Lutheran School
School · 1.5 mi away
Commute Calculator
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|---|---|---|---|---|
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| 1019 Peterson Avenue B6, Park Ridge, IL | $2,000/mo | 2 | 1 | 900 |
| 1220 Park Avenue W 101, Highland Park, IL | $2,500/mo | 2 | 2 | 1,068 |
| 3830 W 95th Street 104-106, Evergreen Park, IL | $2,200/mo | — | — | — |
Moving Cost Estimate
EXIT Agents in Melrose Park
Listing Courtesy: Averta Realty - 2248040504
Last Updated: 2025-10-10

















