12,000 SF Warehouse with Drive-In
2460 Lincoln Highway Sauk Village, IL 60411
New
2460 Lincoln Highway, Sauk Village, IL, 60411
$849,900
For Sale
$849,900
Single-story warehouse with concrete floors, office and bathroom, and drive-in doors at both ends with side access.
Property Size12,000 SF
Lot Size5.60 Acres
Price / SF$70.83
Days on Market3
Property Features for 2460 Lincoln Highway
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 5.60 Acres
- Property subtype
- Other
Building Details
- Year Built
- 1985
Listing agency
Coldwell Banker Realty
(708) 764-2890
Listed by
Kenneth Peach · License #475137164
Source
Commercialcafe
Added: Jul 20 Updated: Jul 21 at 4:51PM Checked: Jul 22 at 2:21AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
A 12,000 SF warehouse building measuring 60’ wide by 200’ deep includes a dedicated office and bathroom. The space features concrete floors and a ceiling-suspended gas furnace, with drive-in doors located at each end of the building (29’ 4” wide by 14’ 9” tall). Additional access includes a side door (15’ 5” wide by 14’ 9” tall).
The site is served by well water and septic, with city water and sewer available. Three-phase electric is on site, and there are two curb cuts providing access off Torrence Ave and RT 30. Traffic counts are noted as 15,800 vehicles per day on RT 30 and 7,300 per day on Torrence Ave (total 23,100). Current zoning is R-1, and the remarks note potential for commercial zoning as the village seeks new business growth.
The property is described as a 5.6 +/- acre parcel, located about 1 mile from the IL 394 Expressway and within approximately 10 minutes of IL 80-94. Also noted is roughly 35 minutes to downtown Chicago.
The site is served by well water and septic, with city water and sewer available. Three-phase electric is on site, and there are two curb cuts providing access off Torrence Ave and RT 30. Traffic counts are noted as 15,800 vehicles per day on RT 30 and 7,300 per day on Torrence Ave (total 23,100). Current zoning is R-1, and the remarks note potential for commercial zoning as the village seeks new business growth.
The property is described as a 5.6 +/- acre parcel, located about 1 mile from the IL 394 Expressway and within approximately 10 minutes of IL 80-94. Also noted is roughly 35 minutes to downtown Chicago.
Key Highlights
- 5.6 +/- acre site with a 12,000 SF single‑story warehouse (60’ W x 200’ D) built in 1985
- Warehouse features concrete floors and ceiling‑suspended gas furnace; drive‑in doors at both ends plus additional side door
- Office and bathroom included (1 office & 1 bathroom) inside the warehouse
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.8k | $6.48 |
| − Vacancy | −$4.0k | −$0.33 |
| EGI | $73.8k | $6.15 |
| − OpEx | −$11.1k | −$0.92 |
| NOI | $62.7k | $5.23 |
12,000 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$896.1K
$784.1K – $1.05M
NOI $62,725 @ 7.0% cap · market cap 7.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.14M
$3.63M – $4.83M
NOI $290,014 @ 7.0% cap · market cap 34.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- U-Pack — 1900 Lincoln Hwy, Sauk Village, IL 60411
FAQs
What type of property is this?
Warehouse - Single-story warehouse with concrete floors, office and bathroom, and drive-in doors at both ends with side access.
Where is this warehouse located?
The property is located at 2460 Lincoln Highway Sauk Village, IL.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 5.6 +/- acre site with a 12,000 SF single‑story warehouse (60’ W x 200’ D) built in 1985; Warehouse features concrete floors and ceiling‑suspended gas furnace; drive‑in doors at both ends plus additional side door; Office and bathroom included (1 office & 1 bathroom) inside the warehouse
