Warehouse with Overhead
For Sale
Contact for pricing
10808 N Tabler Road, Morris, IL 60450
The pole-frame building has a gravel floor and a high-clearance interior suited to storage or workspace needs.
Property Size5,000 SF
Days on Market25
Property Features for 10808 N Tabler Road
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Garage
Additional Details
Highway Access
Yes
Amenities
overhead doors
well-lit
secured
Building Details
Year Built
1990
Buildings
1
Construction
pole barn
Listing Agency:
O'Neil Property Group, LLC
(630) 425-8815
Listed By:
Grant Griffiths · License #475163899
(630) 746-6818
Source:
Helenoliveri
Added: Oct 5
Changed: Oct 28
Last Checked: Oct 28 at 2:38PM
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 O'Neil Property Group, LLC
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Investment Insights
Based on property information with market context.
This 5,000-square-foot pole barn was built in 1990. Its interior has a gravel floor, high ceilings, and two 14-foot overhead doors. The building is described as well-lit and secured, with potential for storage or workspace use.
The property is at 10808 N Tabler Road in Morris, Illinois, a few minutes from I-80.
The property is at 10808 N Tabler Road in Morris, Illinois, a few minutes from I-80.
Key Highlights
- 5,000‑square‑foot pole barn built in 1990
- Two 14‑foot overhead doors
- Gravel floor and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,135
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,700
$522.7K
Cap Rate 7%
$373,357
$373.4K
Cap Rate 9%
$290,389
$290.4K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$32.4K $6.48/SF
− Vacancy
−$1.7K −$0.33/SF
EGI
$30.7K $6.15/SF
− OpEx
−$4.6K −$0.92/SF
NOI
$26.1K $5.23/SF
Area
Grundy 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%
$522,700
Cap Rate 7%
$373,357
Cap Rate 9%
$290,389
Alternative Uses
Best Use
Warehouse
$373.4K
$326.7K – $435.6K
NOI $26,135 @ 7.0% cap · market cap 871,166.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.51M – $2.01M
NOI $120,839 @ 7.0% cap · market cap 4,027,966.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60450, IL
20,877
Population
9,306
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
94%
High-School Grad
157.6 sq mi
ZIP Area
132
Density / Sq Mi
$81,716
Median Household Income
$45,813
Median Earnings
$1,122
Median Rent
$266,600
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
- Tabler Storage — 10808 Tabler Rd, Morris, IL 60450
Frequently Asked Questions
What type of property is this?
Warehouse - The pole-frame building has a gravel floor and a high-clearance interior suited to storage or workspace needs.
Where is this warehouse located?
The property is located at 10808 N Tabler Road Morris, IL.
What are key features of this property?
This property features: 5,000‑square‑foot pole barn built in 1990; Two 14‑foot overhead doors; Gravel floor and high ceilings
