Industrial Condo with Overhead
For Sale
Contact for pricing
Pending
24230 South Northern Illinois Drive, Channahon, IL 60410
Industrial condo with 10,000 sf warehouse, 1,680 sf finished office, and a 20-ft overhead door.
Property Size11,680 SF
Days on Market120
Property Features for 24230 South Northern Illinois Drive
General Information
Standard status
Pending
Size
11,680 SF
Property subtype
Industrial, Office
Occupancy
100%
Additional Details
Cap Rate
8%
Drive-In Doors
1
Listing Agency:
Oak Leaf Realty
(708) 337-0820
Listed By:
James Sim · License #IL 471007901
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 11:51AM
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 Oak Leaf Realty
Investment Insights
Based on property information with market context.
This industrial condo offers a total of 11,680 sf, including 10,000 sf of warehouse space and 1,680 sf of finished office area. The property is approximately 12 years old and is currently fully rented. A 20-ft overhead door supports warehouse operations.
The building is described as being in great shape. The offering includes an investment perspective with a stated cap rate of about 8% on the fully rented space.
For tenants and buyers seeking an industrial income property, the combination of warehouse and finished office space, along with the large overhead door, provides a straightforward functional layout for day-to-day use.
The building is described as being in great shape. The offering includes an investment perspective with a stated cap rate of about 8% on the fully rented space.
For tenants and buyers seeking an industrial income property, the combination of warehouse and finished office space, along with the large overhead door, provides a straightforward functional layout for day-to-day use.
Key Highlights
- 12‑year‑old 11,680 SF industrial condo
- Includes 10,000 SF warehouse space plus 1,680 SF finished office space
- 20‑ft overhead door
Property Analytics
Current Use
Lease Details
1
Drive-in doors
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60410, IL
13,503
Population
4,673
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
560
Density / Sq Mi
$120,278
Median Household Income
$59,342
Median Earnings
$1,613
Median Rent
$293,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial condo with 10,000 sf warehouse, 1,680 sf finished office, and a 20-ft overhead door.
Where is this flex space located?
The property is located at 24230 South Northern Illinois Drive Channahon, IL.
What are key features of this property?
This property features: 12‑year‑old 11,680 SF industrial condo; Includes 10,000 SF warehouse space plus 1,680 SF finished office space; 20‑ft overhead door
