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    317 E 11Th St Chicago Heights, IL 60411

    For Sale
    Contact for pricing

    Rarely available industrial facility with heavy manufacturing zoning and rail access.

    Property size:
    214,000 SF
    Lot size:
    13.22 Acres

    Property Features for 317 E 11Th St

    General Information

    Size
    214,000 SF
    Lot size
    13.22 Acres

    Source: Friedman Integrated Real Estate - Corporate Agent Kellen Duggan

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

    Overview

    214,000 SF Industrial Facility

    This rarely available industrial facility offers 214,000 square feet of space across separate buildings, situated on 13.9 acres. The property benefits from heavy manufacturing zoning and a clean environmental history. It was formerly a long-time Liberty Steel fabrication plant. The site is accessible via rail and is located in close proximity to I-80, I-57, and I-294. The main building features heavy power and two large 10-ton cranes servicing 75 feet and 60 feet. The property is located in an opportunity zone and has low taxes at $0.31 per square foot. This site could be used by any industrial or manufacturing operator.
    Insight Report Location Intelligence

    Current Use by Public Records

    American Eagle Steel ... General Contractor Liberty Bar Products Steel Distributor Keystone-Calumet Inc Gas Station

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago Heights
    County
    Cook
    State
    Illinois
    Longitude
    -87.6218604
    Latitude
    41.5118959

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    FAQs

    What type of property is this?
    Manufacturing property - Rarely available industrial facility with heavy manufacturing zoning and rail access.
    Where is this manufacturing property located?
    The property is located at 317 E 11Th St Chicago Heights, IL.
    What are key features of this property?
    This property features: - Rarely available 214,000 sf industrial facility.; - Highly coveted heavy manufacturing zoning already in place.; - Low taxes at $.31 cents per sf.
    (847) 682-5024
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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
    317 E 11Th St Chicago Heights, IL 60411
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