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Listing provided courtesy of Strauss Realty LtdMREDas Distributed by MLSGrid- MLS# 12303923MLS Provider

1401 S Circle AvenueForest Park, IL 60130

Commercial · 45,000 Sq. ft. | 2.02 Acres
$3,400,000 Active

1401 S Circle Avenue Overview

Time on Site:
481 days
Visits:
23

Excellent user/investment opportunity in an affluent suburb! 45,000 SF industrial building on 2.019 acres in Forest Park for sale. The property features 2 docks, 3 drive-in doors, and 30 parking spaces. Ceiling heights range from 14' to 20'. Current tenants include a gymnastics center, MMA gym, baseball group, a softball travel program, and a rage room. NOI: $261K. Currently there is one 4,500 SF space vacant and available for lease. Conveniently located near I-290 and a variety of amenities such as Walmart, Costco, North Riverside Mall, and the Harlem Blue Line station. Wet sprinklers.

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1401 S Circle Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 45,000
  • Price/Sq.ft. $76
  • Lot 2.02 Acres

Details

General

Income/Expenses

  • Gross Income: 999
  • Gross Scheduled Income: 999
  • Net Operating Income: 261001
  • Operating Expense: 999

Building Information

  • Year Built: 1977

Business Information

  • Business Type: Food & Beverage

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Forest Park

Tax Information

  • Tax Annual Amount: $118,784.00
  • Tax Year: 2024

General Information

  • Parcel Number: 15242050260000
  • Property Type: Commercial Sale
  • Zoning: INDUS

Interior

Building Interior

  • Building Area Total: 45000

General Information

  • Cooling: Central Individual
  • Electric: Other
  • Leasable Area: 4500
  • Stories: 1

Unit Information

  • Unit SqFt.: 45000

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 2.02
  • Lot Size Dimensions: 0X0
  • Lot Size Square Feet: 91183

General Information

  • Number Of Units Total: 5

1401 S Circle Avenue Neighborhood

Community

60130 (Forest Park) Demographics

40
Median Age
4,986
Population Density (per sq. mile)
61%
College Educated
$70,670
Estimated Median Income
3,299
Estimated Total Home Owners
3,396
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1401 S Circle Avenue Monthly Cost

$
$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1401 S Circle Avenue Market Data

Based on the last 30 days in this zip code

$354,719
Average List Price
$280
Average Price per Square Foot
15
Properties Sold
50
Average Days on Market
56
Properties for Sale
Calculations provided by Reliance Network

1401 S Circle Avenue History

Date Event Value Agent
5/18/2026Source: MRED Status Change
Active
5/13/2026Source: MRED Price Reduction
$3,400,000 -2.9%
5/13/2026Source: MRED Status Change
Price Change
2/10/2026Source: MRED Status Change
Active
2/5/2026Source: MRED Price Reduction
$8 -20.0%
2/5/2026Source: MRED Status Change
Price Change
10/27/2025Source: MRED Status Change
Rented
3/11/2025Source: MRED Status Change
Active
3/5/2025Source: MRED Added to Database
March 05, 2025
2/4/2025Source: MRED Status Change
Active
2/4/2025Source: MRED Status Change
Active
1/30/2025Source: MRED Added to Database
January 30, 2025
1/30/2025Source: MRED Added to Database
January 30, 2025