South Holland Industrial
For Lease
$6,950,000
16500 Vincennes Avenue, South Holland, IL 60473
100,837 SF industrial complex for lease in South Holland.
Space SizeContact for details
Lot Size5.50 Acres
Days on Market149
Property Features for 16500 Vincennes Avenue
General Information
Standard status
Active
Lot size
5.50 Acres
Property subtype
Industrial
Listing Agency:
CBRE | Chicago
(312) 334-7201
Listed By:
Larry Goldwasser, SIOR
(312) 334-7201
Source:
Cbre
Added: Mar 25
Changed: Aug 14
Last Checked: Aug 19 at 6:01AM
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 CBRE | Chicago
Investment Insights
Based on property information with market context.
This 5.5-acre site features three buildings totaling 100,837 square feet. The property is available for lease as a full complex, or individual buildings can be leased separately. All buildings are equipped with LED lighting on motion sensors. The parking lots, repaved in 2021, accommodate 100 vehicles. Two above-ground fuel tanks with electric pumps and nozzles are present on the site. Building A encompasses 46,695 square feet, including 6,000 square feet of office space. It features two exterior loading docks, three drive-in doors, 40' x 50' column spacing, and 1,200 amps at 240 V of power. Floor drains are in place, and the building is fully heated and sprinklered. Building B offers 46,667 square feet, divisible to 20,167 square feet, with five drive-in doors, a 22-foot clear height, and 400 amps at 240 V of power. It includes an existing shop office and restrooms and is fully heated and sprinklered. Building C comprises 8,475 square feet, featuring two drive-in doors and an 18-foot clear height. It is not fully heated and sprinklered. Located in South Holland, the property offers close proximity to I-294 and I-94. A 6B tax incentive was renewed in 2024, with current taxes at $200,000 for the entire site.
Key Highlights
- 5. 5 acre site with 3 buildings totaling 100,837 SF, offering flexibility for full complex use or individual building leases.
- Excellent location in South Holland with close proximity to I‑294 and I‑94.
- Renewed 6B tax incentive in 2024 resulting in current taxes of $200,000 for the entire site.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60473, IL
21,661
Population
7,969
Households
2.7
Avg Household Size
43
Median Age
27%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,777
Density / Sq Mi
$88,046
Median Household Income
$40,903
Median Earnings
$1,914
Median Rent
$200,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - 100,837 SF industrial complex for lease in South Holland.
Where is this flex space located?
The property is located at 16500 Vincennes Avenue South Holland, IL.
What is the lease rate?
The lease rate is $6,950,000.
What are key features of this property?
This property features: 5. 5 acre site with 3 buildings totaling 100,837 SF, offering flexibility for full complex use or individual building leases.; Excellent location in South Holland with close proximity to I‑294 and I‑94.; Renewed 6B tax incentive in 2024 resulting in current taxes of $200,000 for the entire site.
