1796 Sherwin Avenue

Off-Market

1796 Sherwin Avenue, Des Plaines, IL 60018

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 95,220 SF
  • Lot Size 5.15 Acre
  • Parking Spaces Avail. 133
  • Parking Ratio 1.40 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1965

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 04 Dec, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Des Plaines

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Des Plaines Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $22.71
  • 2022 Office Vacancy Rate 21.44%
  • 2022 Office Completions (SF)
View more Des Plaines market trends

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable
  • Transit Score ®

    35/100 Some Transit
  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Des Plaines, IL
  • Zip Code 60018
  • Market Chicago

Points of Interest

  • O'Hare Transfer

    1.25 miles

  • O'Hare Multi-Modal Facility

    1.40 miles

  • Dee Road

    1.44 miles

  • Des Plaines

    1.95 miles

  • Rosemont CTA Station

    2.25 miles

  • Rosemont

    2.32 miles

  • Park Ridge

    2.50 miles

  • Rosemont

    2.63 miles

  • Terminal 1

    2.68 miles

  • Terminal 5

    2.69 miles

  • Tesla Destination Charger

    0.45 miles

  • Mobil

    0.47 miles

  • BP

    0.50 miles

  • Mobil

    0.56 miles

  • Citgo

    0.76 miles

  • Mobil

    0.77 miles

  • Shell

    0.79 miles

  • Marathon

    0.83 miles

  • BP

    0.94 miles

  • ChargePoint

    0.98 miles

  • Kiss n Fly

    1.31 miles

  • Economy Lot F

    1.39 miles

  • O'Hare Economy Lot G

    1.52 miles

  • Quick–Turn-Around

    1.53 miles

  • O'Hare Economy Lot H

    1.54 miles

  • Kiss and Fly O'Hare Airport

    1.65 miles

  • O'Hare Economy Lot E (Closed)

    1.71 miles

  • Des Plaines Metra Station Parking Lot

    2.02 miles

  • Metropolitan Square Garage

    2.03 miles

  • American Airline Employee Parking

    2.10 miles

  • LongHorn Steakhouse

    0.40 miles

  • Chili's

    0.42 miles

  • Dunkin'

    0.43 miles

  • Culver's

    0.46 miles

  • IHOP

    0.46 miles

  • Chipotle

    0.47 miles

  • Shish Kabob

    0.47 miles

  • Panda Express

    0.48 miles

  • Little Angelo's Pizza & Catering

    0.48 miles

  • Steak 'n Shake

    0.49 miles

  • Ross

    0.50 miles

  • Target

    0.54 miles

  • Butera

    1.10 miles

  • Jewel-Osco

    1.16 miles

  • ALDI

    1.24 miles

  • Shop & Save Market

    2.08 miles

  • Jewel-Osco

    2.12 miles

  • Trader Joe's

    2.47 miles

  • Jewel-Osco

    2.70 miles

  • Brookstone

    2.80 miles

  • Walgreens

    0.81 miles

  • Des Plaines Fire Station #2

    0.92 miles

  • Rosemont Fire Department Station #2

    1.16 miles

  • Rosemont Police Department

    1.49 miles

  • Chicago Fire Department ARFF Station #2

    1.80 miles

  • Chicago police Department Canine Unit Training Facility

    2.06 miles

  • Chicago Police Department , Canine Unit

    2.06 miles

  • Des Plaines Police Department

    2.06 miles

  • Walgreens

    2.11 miles

  • Chicago Fire Department ARFF Station #4

    2.13 miles

Frequently Asked Questions

What is the total square footage of 1796 Sherwin Avenue?

1796 Sherwin Avenue totals 95,220 square feet.

When was 1796 Sherwin Avenue last sold?

1796 Sherwin Avenue was last sold on 04 Dec, 2017.

What is the property tax for 1796 Sherwin Avenue?

The property tax for 1796 Sherwin Avenue in 2022 was $450,008.

What is the market value for 1796 Sherwin Avenue?

The market value* for 1796 Sherwin Avenue in 2022 was $5,855,932.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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