Building Details

Year built 2000

Floors in Building 1

Listing Agency: Real People Realty t***@rprmail.net Show Phone

Listed By: Lee Throw Show Phone

Added: Aug 18 Changed: Oct 10 Last Checked: Oct 12 at 9:06PM

Report an Issue

MLS# 12735829

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,847-square-foot industrial unit was built in 2000 and includes heat, a washroom, and two overhead doors. The space has been used for storage during the past 8 years and is situated on a 2-acre parcel with INDUS zoning.

The property is less than 3 miles from I-57 and less than a mile south of the Amazon Fulfillment Center. New industrial complexes north and south of the unit represent more than 3 million square feet of surrounding industrial development. The facility’s physical configuration and location support continued storage use or other industrial operations consistent with applicable zoning.

Key Highlights

• 3,847‑square‑foot industrial unit on a 2‑acre parcel
• Heat, washroom, and two overhead doors
• INDUS zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,109

Cap Rate

5.76%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$402,180 $402.2K

Cap Rate 7%

$287,271 $287.3K

Cap Rate 9%

$223,433 $223.4K

Market Conditions

NOI Build-Up for 3,847 SF

Gross rent

$24.9K $6.48/SF

− Vacancy

−$1.3K −$0.33/SF

EGI

$23.7K $6.15/SF

− OpEx

−$3.5K −$0.92/SF

NOI

$20.1K $5.23/SF

Area

Will County, IL

Vacancy

5.10%

Lease Rate

$6.48 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$402,180

Cap Rate 7%

$287,271

Cap Rate 9%

$223,433

Alternative Uses

Best Use

Warehouse

$287.3K

$251.4K – $335.2K (±1% cap)

NOI $20,109 @ 7.0% cap · market cap 5.76%

Second Best

Flex RnD

$258.6K

$226.3K – $301.7K (±1% cap)

NOI $18,101 @ 7.0% cap · market cap 5.19%

Theoretical Best

Office A

$872.5K

$763.4K – $1.02M (±1% cap)

NOI $61,075 @ 7.0% cap · market cap 17.50%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Chi-South Customs Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Pharmacy Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

138

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 60449, IL

8,961

Population

3,752

Households

2.4

Avg Household Size

45

Median Age

31%

College-Educated

92%

High-School Grad

49.2 sq mi

ZIP Area

182

Density / Sq Mi

$101,563

Median Household Income

$60,924

Median Earnings

$269,900

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Warehouse with Cranes and Drive-In Doors

26000 South Whiting Way, Monee, IL 60449

Contact for pricing

196,995 SF

View details

Updated Two-Unit Duplex

5448 W Mill Street, Monee, IL 60449

$199,000

View details

Class A Cross-Dock Distribution Facility

25100 S Ridgeland Ave, Monee, IL 60449

Contact for pricing

621,246 SF

View details

Similar Off Market Nearby

• Monee Truck Park — 25858 S Sunset Dr, Monee, IL 60449

Frequently Asked Questions

What type of property is this?

Warehouse - Heated industrial space with a washroom and overhead-door access.

Where is this warehouse located?

The property is located at 25885 S Ridgeland Avenue Monee, IL.

What is the asking price?

The asking price for this property is $349,000.

What are key features of this property?

This property features: 3,847‑square‑foot industrial unit on a 2‑acre parcel; Heat, washroom, and two overhead doors; INDUS zoning