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Industrial Development and Storage Portfolio
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2050 Broadway Street, Crest Hill, IL 60403

Dual-parcel industrial portfolio with an office campus, storage building, and a development-sized northern parcel.

Property Size41,452 SF
Lot Size22.00 Acres
Days on Market55

Property Features for 2050 Broadway Street

General Information

Standard status Active
Size 41,452 SF
Class C
Total Parking Spaces 53
Lot size 22.00 Acres
Property subtype Industrial, Office, Land
Zoning M-1 Limited Manufacturing, B-2 (Business District)
Investment Type Redevelopment

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Hilco Global
Listed By: Stephen Madura · License #475147713
Source: Crexi
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 8 at 10:14AM

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 Hilco Global

Investment Insights

Based on property information with market context.

This dual-parcel portfolio totals 22± acres and is offered as a single package or separately. The main campus at 2050 Broadway Street includes a well-maintained 27,000± SF multi-tenant office building, a functional 16,000± SF storage building, and 53 parking spaces. A second parcel to the north at 2205 Broadway Street consists of 11.8± acres and is positioned as a candidate for industrial or commercial development.

Located along the Broadway Street corridor in Crest Hill, Illinois, the properties benefit from the area’s role in freight and distribution. Crest Hill sits between Interstates 55, 80, and 355, with proximity to major intermodal hubs in Joliet/Elwood, including BNSF and Union Pacific facilities. The remarks also note rail-adjacent positioning tied to industrial logistics needs.

For tenants, buyers, and operators seeking an industrial-oriented platform, the existing improvements provide immediate functionality through the multi-tenant office building and the separate storage building with parking. The accompanying development parcel adds flexibility for an industrial or commercial expansion plan, subject to applicable approvals for the intended use.

Key Highlights

  • 22± AC dual‑parcel portfolio on Broadway Street in Crest Hill, IL (can be purchased together or separately)
  • 2050 Broadway includes a 27,000± SF multi‑tenant office building and a functional 16,000± SF storage building
  • 2050 Broadway campus offers 53 parking spaces

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Pharmacy Electrical Service

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby

Demographics for 60403, IL

17,667
Population
7,884
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
4.9 sq mi
ZIP Area
3,606
Density / Sq Mi
$71,413
Median Household Income
$41,597
Median Earnings
$1,386
Median Rent
$223,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Dual-parcel industrial portfolio with an office campus, storage building, and a development-sized northern parcel.
Where is this office building located?
The property is located at 2050 Broadway Street Crest Hill, IL.
What are key features of this property?
This property features: 22± AC dual‑parcel portfolio on Broadway Street in Crest Hill, IL (can be purchased together or separately); 2050 Broadway includes a 27,000± SF multi‑tenant office building and a functional 16,000± SF storage building; 2050 Broadway campus offers 53 parking spaces
More about this property
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