11500 Melrose Avenue

Off Market

11500 Melrose Avenue, Franklin Park, IL 60131

  • Industrial
  • Manufacturing
  • 97,766 Sqft

11500 Melrose Avenue, Franklin Park, IL 60131 - Industrial Space

11500 Melrose Avenue is located at 11500 Melrose Avenue in the Franklin Park neighborhood, IL, Franklin Park, 60131. The Class B Industrial building was completed in 1969 and features a total of 97,766 Sqft.

There are 13 industrial spaces for lease in the Franklin Park neighborhood, totaling 1,308,091 Sqft of available industrial space. The industrial space availability for the 60131 zip code is 1,308,091 Sqft, in 13 industrial spaces. The average asking industrial rent per sq. ft. in Franklin Park is $6.61/sqft/year. For Class A industrial buildings the average industrial rate is $4.75/sqft/year, for Class B industrial buildings the average industrial rate is $6.75/sqft/year.

In Franklin Park, there are 54 class B industrial buildings. In 1969, the same year 11500 Melrose Avenue was built, 1 more commercial property (office, industrial, retail) over 50,000 square feet was built in Franklin Park, featuring 606,708 square feet of commercial space. At zip code level, there are 89 commercial properties, of which 86 are industrial buildings over 50,000 square feet.

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Details

  • City Franklin Park
  • Neighborhood Franklin Park
  • Zip Code 60131
  • Market Chicago
  • Property Type Industrial - Manufacturing
  • Property Size 97,766 Sqft
  • Lot Size 4.98 Acre
  • Parking Spaces Avail. 141
  • Parking Ratio 1.45/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1969
  • Date Updated 07 Apr, 2020

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 11500 Melrose Avenue?

11500 Melrose Avenue totals 97,766 square feet.

When was this property built?

11500 Melrose Avenue was built in 1969.

Franklin Park Demographics

The average household income in zip code 60131 is $72,908, from a total of 6,213 households. In terms of employment, there are 64.96 % white-collar and 35.04 % blue-collar jobs in zip code 60131.

Population

  • Total Population18,138
  • Male Population(48.6 %) 8,821
  • Female Population(51.4 %) 9,317
  • Median Age39.10

Income/Financial

  • Average Household Income$72,786
  • Median Household Income$62,861
  • Median Income Under 25$54,038
  • Median Income 25-44$59,663
  • Median Income 45-64$80,479
  • Median Income Over 65$43,221