Heated Flex Unit with Overhead
New
For Sale
$365,000
25885 S Ridgeland Avenue #8, Monee, IL 60449
Industrial unit with heat, washroom, and overhead access near I-57 and major distribution facilities.
Property Size3,847 SF
Price / SF$94.88
Days on Market3
Property Features for 25885 S Ridgeland Avenue #8
General Information
Standard status
Active
Size
3,847 SF
Property subtype
Commercial
Building Details
Building Size
18,000 SF
Year Built
2002
Listing Agency:
Real People Realty
(815) 469-7449
Listed By:
Lee Throw
(815) 469-7449
Source:
Perillorealestategroup
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 5:48PM
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 Real People Realty
Investment Insights
Based on property information with market context.
Located at 25885 S Ridgeland Avenue #8 in Monee, Illinois, this 3,847-square-foot flex space was built in 2002 and includes heat, a washroom, and two overhead doors. The unit has been used for storage for the past 8 years, providing an established industrial configuration for a range of commercial operations.
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 contain over 3 million square feet, placing the property within an expanding industrial setting. Its proximity to major distribution facilities supports consideration for vendors, logistics partners, specialized contractors, prototyping, research and development, or assembly operations, as described in the property information.
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 contain over 3 million square feet, placing the property within an expanding industrial setting. Its proximity to major distribution facilities supports consideration for vendors, logistics partners, specialized contractors, prototyping, research and development, or assembly operations, as described in the property information.
Key Highlights
- 3,847‑square‑foot industrial unit with heat and washroom
- Two overhead doors support industrial access
- Less than 3 miles from I‑57
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 | $24.9k | $6.48 |
| − Vacancy | −$1.3k | −$0.33 |
| EGI | $23.7k | $6.15 |
| − OpEx | −$3.5k | −$0.92 |
| NOI | $20.1k | $5.23 |
3,847 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$287.3K
$251.4K – $335.2K
NOI $20,109 @ 7.0% cap · market cap 5.51%
Second Best
Flex RnD
$258.6K
$226.3K – $301.7K
NOI $18,101 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$872.5K
$763.4K – $1.02M
NOI $61,075 @ 7.0% cap · market cap 16.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Industrial unit with heat, washroom, and overhead access near I-57 and major distribution facilities.
Where is this flex space located?
The property is located at 25885 S Ridgeland Avenue #8 Monee, IL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 3,847‑square‑foot industrial unit with heat and washroom; Two overhead doors support industrial access; Less than 3 miles from I‑57
