Search
Industrial Building Near Expressways
For Lease
$8.25 SF/Yr

16801 Exchange Avenue, Lansing, IL 60409

313,982 SF industrial space available near I-80 and I-94.

Space SizeContact for details
Lot Size27.00 Acres
Days on Market149

Property Features for 16801 Exchange Avenue

General Information

Standard status Active
Lot size 27.00 Acres
Property subtype Industrial
Listing Agency: CBRE | Chicago
Listed By: Traci Payette
Source: Cbre
Added: Mar 25 Changed: Aug 14 Last Checked: Aug 19 at 5:03AM

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.

An industrial building offering 313,982 square feet of available space, divisible to 120,000 square feet, is located in Lansing, IL. The total building size is 455,858 square feet, situated on 27 acres. The property features up to 26,381 square feet of office space. It has a clear height of 25 feet and column spacing of 48 feet by 36 feet. The building is equipped with 5000 amps of power at 277/480v, 3 phase, 4 wire. There are 27 docks and 1 drive-in door. Car parking accommodates 276 vehicles for the full building, a ratio of 0.60 per 1,000 square feet. Trailer parking is available for 23 trailers and is expandable. Zoned as a limited manufacturing district (M-1), the property is located in an Enterprise Zone and the Bernice Road TIF District. The property is in close proximity to I-80 and I-94 Expressways and benefits from an excellent manufacturing labor pool. It is an ideal manufacturing space with 5000 amps of power. Real estate taxes may be subject to a potential Class 8 Tax Incentive.

Key Highlights

  • 313,982 SF Available (Divisible to 120,000 SF) offering flexible space options.
  • Strategic location with close proximity to I‑80 and I‑94 Expressways.
  • Substantial power supply: 5000 amps, 277/480v, 3 phase, 4 wire, ideal for manufacturing.

Property Analytics

Current Use

Silver Line Windows ... Industrial Manufacturer LKQ Heavy Truck, ... Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Building Supply Garden Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

822
Businesses Nearby

Demographics for 60409, IL

36,045
Population
16,868
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
88%
High-School Grad
7.7 sq mi
ZIP Area
4,681
Density / Sq Mi
$53,991
Median Household Income
$37,389
Median Earnings
$1,138
Median Rent
$133,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Manufacturing property - 313,982 SF industrial space available near I-80 and I-94.
Where is this manufacturing property located?
The property is located at 16801 Exchange Avenue Lansing, IL.
What is the lease rate?
The lease rate is $8.25 SF/Yr.
What are key features of this property?
This property features: 313,982 SF Available (Divisible to 120,000 SF) offering flexible space options.; Strategic location with close proximity to I‑80 and I‑94 Expressways.; Substantial power supply: 5000 amps, 277/480v, 3 phase, 4 wire, ideal for manufacturing.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message