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South Houston Industrial Portfolio

1309 Illinois St South Houston, TX 77587

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Three-property industrial portfolio in South Houston totaling ±10,860 SF.

Type:INDUSTRIAL
Property size:
10,860 SF
Price / SF:
$46/SF
Added:
May 19, 2026
Days on Market:
54
Last Refresh:
Jun 30 at 7:06 am

Property Features for 1309 Illinois St

General Information

Standard status
Active
Size
10,860 SF
Property subtype
INDUSTRIAL

Listing office Myhan Realty LLC

Listing date May 19, 2026

Source Moodyscre

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 Myhan Realty LLC


Investment Insights

Based on property information with market context.

This offering comprises a three-property industrial portfolio located in South Houston, featuring a total of approximately 10,860 square feet distributed across three tenanted steel/metal warehouse buildings. The current gross income is $5,700 per month, presenting opportunities for increased revenue through rent adjustments or lease renewals. The portfolio includes properties at 1307 Illinois St, 1309 Illinois Ave (to be sold together), and 1313 Illinois St (on a separate lot). The properties are offered as a package with a discounted portfolio price. Seller financing options are available with 30% down, a 25-year amortization schedule, and flexible terms, including 36 months at 6% or 60 months at 8%. This presents a strong small-bay industrial opportunity in close proximity to Hobby Airport. One tenant, 877QuicDry, a family-owned water damage restoration and mold remediation company serving residential and commercial clients, has occupied 1309 Illinois for approximately 20 years and has expressed interest in renewing, creating potential upside through lease renewal and rent adjustment. Their business is typically insurance-driven and service-based, supporting steady demand for warehouse, equipment, vehicle, and operations space.

Key Highlights

  • Discounted portfolio price of $1,300,000 with seller financing or $1,250,000 cash/conventional financing.
  • Seller financing available with flexible terms.
  • Current gross income of $5,700/month with potential for increased revenue.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Allied Recovery Services Hardware & Home Improvement

Suggested Use

Real Estate Agency Skin Care Clinic Computer & Electronic Repair Cafe & Coffee Shop Daycare Center Tech Support Center (Bike/Boat/Book/etc) Store Locksmith Pharmacy Pet Grooming Service

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

Similar Off Market Nearby

  • Mini Warehouses of South Houston — 1409 Indiana St, South Houston, TX 77587
  • Martin — 805 Dumont St Ste. 203, South Houston, TX 77587
  • Self Storage — 9444 Gulf Fwy, Houston, TX 77017

FAQs

What type of property is this?
Warehouse - Three-property industrial portfolio in South Houston totaling ±10,860 SF.
Where is this warehouse located?
The property is located at 1309 Illinois St South Houston, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Discounted portfolio price of $1,300,000 with seller financing or $1,250,000 cash/conventional financing.; Seller financing available with flexible terms.; Current gross income of $5,700/month with potential for increased revenue.
Contact an agent
(713) 855-0588 Call to check price and availability
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