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    Chicago Heights, IL 60411

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    For Lease
    $6 SF/Yr

    Heavy industrial facility featuring rail spur, cranes, and updated infrastructure.

    Property size:
    225,741 SF
    Lot size:
    225,741 SF

    Property Features for

    General Information

    Size
    225,741 SF

    Building Details

    Year built
    1957

    Source: Edward Wabick, SIOR Agent Edward Wabick, SIOR

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

    Overview

    Freestanding Industrial Facility with Rail

    This freestanding heavy industrial facility is located in Chicago Heights, Illinois. The property features a Union Pacific Rail Spur and eighteen cranes with RF remote capabilities. It includes 4,000 square feet of warehouse offices, a break room, a locker room, and washrooms. A truck scale is also present. The property is zoned M-3. Recent updates include a new roof with warranty, new LED lighting, new truck docks, and a new underground sewer. The locker room has also been updated.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Chicago Heights
    County
    Cook
    State
    Illinois
    Longitude
    -87.5907
    Latitude
    41.5054

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    FAQs

    What type of property is this?
    Warehouse - Heavy industrial facility featuring rail spur, cranes, and updated infrastructure.
    Where is this warehouse located?
    The property is located at Chicago Heights, IL.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Union Pacific Rail Spur for efficient transportation.; - 18 Cranes with RF Remote for optimized operations.; - Heavy M-3 Zoning.
    (773) 714-2141
    Request Owner's contact information
    Chicago Heights, IL 60411
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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
    Chicago Heights, IL 60411
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