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Renovated Truck Transfer/Parking Facility

2000 Dolton Road 2000, Calumet City, IL 60409

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For Sale

$2,950,000

Newly renovated truck transfer/parking facility with I-94 access.

Type:Commercial/Industrial

Property size:

12,614 SF

Lot size:

7.06 Acres

Price / SF:

$233/SF

HighLights

Direct access to I‑94 via Dolton Road 4‑way interchange
200 industrial trailer stalls on 7 acres
Newly renovated in 2022, including a new roof
12,614 SF building with 5 exterior truck docks and 16' clear height
Highly secure, fenced lot
Incentives: STS TIF District, Enterprise Zone, and Opportunity Zone

We can help!

Listing Contact

Adam Schneiderman

For Sale

$2,950,000

Newly renovated truck transfer/parking facility with I-94 access.

Type:Commercial/Industrial

Property size:

12,614 SF

Lot size:

7.06 Acres

Price / SF:

$233/SF

Added:: Sep 17, 2024
Days on Market:: 637
Last Refresh:: May 20 at 12:33 am

Property Features for 2000 Dolton Road 2000

General Information

Standard status: Active
Size: 12,614 SF
Lot size: 7.06 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1967

We can help!

Listing Contact

Adam Schneiderman

Listing agent Adam Schneiderman License #475149601

Listing office Strauss Realty Ltd

Listing date Sep 17, 2024

Source Exitrealty

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 Strauss Realty Ltd

HighLights

Direct access to I‑94 via Dolton Road 4‑way interchange
200 industrial trailer stalls on 7 acres
Newly renovated in 2022, including a new roof
12,614 SF building with 5 exterior truck docks and 16' clear height
Highly secure, fenced lot
Incentives: STS TIF District, Enterprise Zone, and Opportunity Zone

Overview

This property features a 12,614 square foot building situated on 7 acres of land. It includes 5 exterior truck docks and a 16-foot clear height. The site provides 200 industrial trailer stalls within a highly secure, fenced lot. Renovations were completed in 2022, including a new roof. Outside storage is permitted. The property benefits from immediate access to the I-94 Dolton Road 4-way interchange. It is located within an STS TIF District, Enterprise Zone, and Opportunity Zone. The property is intended for truck transfer and parking use.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$272.5k	$21.60
− Vacancy	−$22.3k	−$1.77
EGI	$250.1k	$19.83
− OpEx	−$75.0k	−$5.95
NOI	$175.1k	$13.88

12,614 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$2.50M

$2.19M – $2.92M (±1% cap)

NOI $175,084 @ 7.0% cap · market cap 5.94%

Second Best

Warehouse

$941.9K

$824.2K – $1.10M (±1% cap)

NOI $65,935 @ 7.0% cap · market cap 2.24%

Theoretical Best

Office A

$4.36M

$3.81M – $5.08M (±1% cap)

NOI $304,853 @ 7.0% cap · market cap 10.33%

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

Property Profile Location Intelligence

Current Use by Public Records

Scott Cartage Trucking Company Maple Concrete & Tuckpointing Construction Company Omega Tuckpointing & Masonry General Contractor

Suggested Use

Location Insight

Map
Local Demand

City: Calumet City
County: Cook
State: Illinois
Longitude: -87.5732
Latitude: 41.6346

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For sale
Truck terminals
IL
Calumet City
60409
2000 Dolton Road 2000

What type of property is this?

Truck terminal - Newly renovated truck transfer/parking facility with I-94 access.

Where is this truck terminal located?

The property is located at 2000 Dolton Road 2000 Calumet City, IL.

What is the asking price?

The asking price for this property is $2,950,000.

What are key features of this property?

This property features: Direct access to I‑94 via Dolton Road 4‑way interchange; **200 industrial trailer stalls on 7 acres**; Newly renovated in 2022, including a new roof