Industrial Warehouse with Multiple
For Sale
Contact for pricing
Pending
1005 Geneva St, Shorewood, IL 60404
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
Days on Market217
Property Features for 1005 Geneva St
General Information
Standard status
Pending
Size
14,090 SF
Total Parking Spaces
30
Lot size
2.00 Acres
Property subtype
Industrial
Zoning
I
Warehouse & Industrial
Dock-High Doors
1
Drive-In Doors
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1980
Buildings
1
Stories
1
Units
1
Listing Agency:
RE/MAX Millennium
Listed By:
Vito Sruoga · License #471.004898
(773) 983-4544
Source:
Crexi
Added: Mar 28
Changed: Oct 25
Last Checked: Oct 28 at 8:10AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$73,650
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,473,000
$1.5M
Cap Rate 7%
$1,052,143
$1.1M
Cap Rate 9%
$818,333
$818.3K
Market Conditions
NOI Build-Up for 14,090 SF
Gross rent
$91.3K $6.48/SF
− Vacancy
−$4.7K −$0.33/SF
EGI
$86.6K $6.15/SF
− OpEx
−$13.0K −$0.92/SF
NOI
$73.6K $5.23/SF
Area
Will County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,473,000
Cap Rate 7%
$1,052,143
Cap Rate 9%
$818,333
Alternative Uses
Best Use
Warehouse
$1.05M
$920.6K – $1.23M
NOI $73,650 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.20M
$2.80M – $3.73M
NOI $223,693 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60404, IL
19,916
Population
7,530
Households
2.6
Avg Household Size
42
Median Age
40%
College-Educated
96%
High-School Grad
15.7 sq mi
ZIP Area
1,269
Density / Sq Mi
$121,696
Median Household Income
$54,628
Median Earnings
$1,945
Median Rent
$319,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Anchor Storage, LLC — 1009 Geneva St, Shorewood, IL 60404
Frequently Asked Questions
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’
