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Industrial Building Near Expressways
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16801 Exchange Ave, Lansing, IL 60438

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

Space Size313,982 SF
Lot Size27.00 Acres
Days on Market985

Property Features for 16801 Exchange Ave

General Information

Standard status Active
Size 313,982 SF
Lot size 27.00 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 16801 Exchange Ave Contact us

16801 Exchange Ave $8.25/SF/Yr

Floor
Bldg
Size
313,982 SF
Type
INDUSTRIAL
Lease Type
INDUSTRIAL_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Potential trailer parking: 83 - Construction: steel & masonry - Lighting: led,...
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Listing Agency: CBRE | Chicago
Listed By: Traci Payette
Source: Moodyscre
Added: Dec 12, 2023 Changed: Aug 23 Last Checked: Aug 22 at 11:38AM

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 60438, IL

29,661
Population
12,230
Households
2.4
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
3,662
Density / Sq Mi
$72,043
Median Household Income
$44,632
Median Earnings
$1,271
Median Rent
$168,600
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
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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 Ave 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.
(630) 573-7104 Call to check price and availability
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