Industrial Warehouse with Multiple
1005 Geneva St Shorewood, IL 60404
For Sale
Contact for pricing
Warehouse with 6 loading docks, two drive-in doors, 1,300 SF office mezzanine, and 30-space parking on 2 acres.
Property Size14,090 SF
Lot Size2.00 Acres
Price / SF$138.40
Days on Market118
Property Features for 1005 Geneva St
General Information
- Standard status
- Active
- Size
- 14,090 SF
- Lot size
- 2.00 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing Agency:
RE/MAX Millennium
(773) 983-4544
Listed By:
Vito Sruoga · License #471.004898
Source:
Crexi
Added: Mar 28
Changed: Jul 23
Last Checked: Jul 23 at 5:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Millennium
Investment Insights
Based on property information with market context.
Industrial warehouse totaling 14,090 SF on 2.0 acres, with a 1,300 SF office mezzanine arranged in four rooms. The building is set up for shipping and receiving with a functional layout for day-to-day operations.
Loading and access include six loading docks—one dock-height door for semi-trailers and five docks suited for box trucks—along with two drive-in doors sized 18’ x 14’ and 12’ x 10’. Parking is provided for 30 vehicles.
The property is located less than 2 miles from I-55, offering strong connectivity to regional logistics routes. Intended uses include light industrial, distribution/storage, and contractors or service businesses, along with manufacturing. Semi-truck repair and trailer parking are not allowed.
Loading and access include six loading docks—one dock-height door for semi-trailers and five docks suited for box trucks—along with two drive-in doors sized 18’ x 14’ and 12’ x 10’. Parking is provided for 30 vehicles.
The property is located less than 2 miles from I-55, offering strong connectivity to regional logistics routes. Intended uses include light industrial, distribution/storage, and contractors or service businesses, along with manufacturing. Semi-truck repair and trailer parking are not allowed.
Key Highlights
- 14,090 SF warehouse on 2.0 acres, built in 1980
- 6 loading docks: 1 dock‑height door for semi‑trailers and 5 suited for box trucks
- Two drive‑in doors: 18’ x 14’ and 12’ x 10’
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.3k | $6.48 |
| − Vacancy | −$4.7k | −$0.33 |
| EGI | $86.6k | $6.15 |
| − OpEx | −$13.0k | −$0.92 |
| NOI | $73.6k | $5.23 |
14,090 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.05M
$920.6K – $1.23M
NOI $73,650 @ 7.0% cap · market cap 3.78%
Second Best
Industrial
$866.5K
$758.2K – $1.01M
NOI $60,653 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$4.86M
$4.26M – $5.68M
NOI $340,524 @ 7.0% cap · market cap 17.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar Off Market Nearby
- Anchor Storage, LLC — 1009 Geneva St, Shorewood, IL 60404
FAQs
What type of property is this?
Warehouse - Warehouse with 6 loading docks, two drive-in doors, 1,300 SF office mezzanine, and 30-space parking on 2 acres.
Where is this warehouse located?
The property is located at 1005 Geneva St Shorewood, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 14,090 SF warehouse on 2.0 acres, built in 1980; 6 loading docks: 1 dock‑height door for semi‑trailers and 5 suited for box trucks; Two drive‑in doors: 18’ x 14’ and 12’ x 10’
