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    21151 Walter Strawn Dr Elwood, IL 60421

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    For Lease
    Contact for pricing

    799,294 SF warehouse space available for lease in Elwood, IL.

    Property size:
    383,494 SF
    Lot size:
    63.80 Acres

    Property Features for 21151 Walter Strawn Dr

    General Information

    Size
    383,494 SF
    Lot size
    63.80 Acres

    Source: NAI Hiffman | Oakbrook Terrace Agent Dan Leahy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elwood Warehouse Space Available

    Located at 21051 Walter Strawn Drive in Elwood, IL, this property offers a total of 799,294 square feet of divisible space. The warehouse features a 32-foot clear height, a total of 15,069 square feet of office space across four buildouts, 110 exterior docks, and three drive-in doors. Parking includes 199 spaces for automobiles and 243 trailer positions. The property is equipped with ESFR fire protection and has a typical bay size of 50 feet by 48 feet, with 59-foot speed bays. 383,494 square feet of space will be available starting June 1, 2024, with an additional 415,800 square feet becoming available on November 1, 2025.
    Insight Report Location Intelligence

    Current Use by Public Records

    NEOVIA LOGISTICS(SAMSUNG) Customs Warehouse

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Pharmacy Auto Parts Store Department Store Discount Store Wine and Liquor Store Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Will
    State
    Illinois
    Longitude
    -88.1260209
    Latitude
    41.3982784

    Nearby Similar for Lease

    • Contact for pricing
      148,815 SF

      Elwood Warehouse with Intermodal Access

      148,815 SF warehouse near UP Joliet Intermodal.
      1601 W Schweitzer Rd, Elwood, IL 60421
      View Details

    FAQs

    What type of property is this?
    Warehouse - 799,294 SF warehouse space available for lease in Elwood, IL.
    Where is this warehouse located?
    The property is located at 21151 Walter Strawn Dr Elwood, IL.
    What are key features of this property?
    This property features: - 799,294 SF of divisible space; - 110 exterior docks for efficient loading and unloading; - Benefit from a 32' clear height
    (630) 932-1234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21151 Walter Strawn Dr Elwood, IL 60421
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