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    16230 160Th St South Holland, IL 60473

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    For Sale
    $1,250,000

    Light industrial site approved for truck trailer parking and development.

    Lot size:
    9.00 Acres

    Property Features for 16230 160Th St

    General Information

    Lot size
    9.00 Acres

    Source: Coldwell Banker Agent Ken Peach

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

    Overview

    9+ Acres Truck Parking Site

    This light industrial site, located in the Chicago South Suburbs, offers a logistics-friendly location. Zoned for light industrial use and approved for truck trailer parking, the property includes plans for a new 15,000 square foot building suitable for office and shop space. The current plan allows for 165 truck and trailer parking spaces, along with an additional 26 car parking spots. The site is approximately a 30-minute drive to downtown Chicago and 10 minutes from the I-80/94 industrial area. The property spans over 9 acres and is suitable for truck parking and other uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    South Holland
    County
    Cook
    State
    Illinois
    Longitude
    -87.5979571
    Latitude
    41.6049653

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    FAQs

    What type of property is this?
    Commercial land - Light industrial site approved for truck trailer parking and development.
    Where is this commercial land located?
    The property is located at 16230 160Th St South Holland, IL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - 9+ acre site approved for **165 truck/trailer parking spots**.; - Zoned light industrial with truck use permitted.; - Features a **15,000 sq ft building** suitable for office and shop space.
    (708) 764-2890
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    16230 160Th St South Holland, IL 60473
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    South Holland, IL 60473
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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
    16230 160Th St South Holland, IL 60473
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