Warehouse with Exterior
For Sale
Contact for pricing
303 Amendodge Drive #E, Shorewood, IL 60404
Industrial-zoned space includes insulated interiors, overhead doors, and on-site parking.
Property Size6,840 SF
Price / SF$0.00
Days on Market30
Property Features for 303 Amendodge Drive #E
General Information
Standard status
Active
Size
6,840 SF
Property subtype
Warehouse
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
3,600 SF
Additional Details
Highway Access
Yes
Property Use
Warehouse
Building Details
Year Built
1993
Listing Agency:
Baird & Warner
(630) 469-1855
Listed By:
Neil Verhagen · License #IL-47101703
(630) 668-8343
Source:
Helenoliveri
Added: Oct 1
Changed: Oct 29
Last Checked: Oct 28 at 6:43AM
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 Baird & Warner
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1993, this industrial warehouse has spray foam insulation, a 16-foot clear height, and 14-foot overhead doors. Exterior docks support loading and receiving, while on-site parking serves staff and visitors. The exterior has been renovated.
The property at 303 Amendodge Drive in Shorewood offers access to Route 59 and is a few blocks from I-55.
The property at 303 Amendodge Drive in Shorewood offers access to Route 59 and is a few blocks from I-55.
Key Highlights
- 16‑foot clear height and 14‑foot overhead doors
- Exterior docks for loading and receiving
- Spray foam insulation in the warehouse units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,753
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,060
$715.1K
Cap Rate 7%
$510,757
$510.8K
Cap Rate 9%
$397,256
$397.3K
Market Conditions
NOI Build-Up for 6,840 SF
Gross rent
$44.3K $6.48/SF
− Vacancy
−$2.3K −$0.33/SF
EGI
$42.1K $6.15/SF
− OpEx
−$6.3K −$0.92/SF
NOI
$35.8K $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%
$715,060
Cap Rate 7%
$510,757
Cap Rate 9%
$397,256
Alternative Uses
Best Use
Warehouse
$510.8K
$446.9K – $595.9K
NOI $35,753 @ 7.0% cap · market cap 238,353.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,592 @ 7.0% cap · market cap 723,946.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60404, IL
19,916
Population
7,530
Households
2.6
Avg Household Size
42
Median Age
40%
College-Educated
96%
High-School Grad
15.7 sq mi
ZIP Area
1,269
Density / Sq Mi
$121,696
Median Household Income
$54,628
Median Earnings
$1,945
Median Rent
$319,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Anchor Storage, LLC — 1009 Geneva St, Shorewood, IL 60404
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial-zoned space includes insulated interiors, overhead doors, and on-site parking.
Where is this warehouse located?
The property is located at 303 Amendodge Drive #E Shorewood, IL.
What are key features of this property?
This property features: 16‑foot clear height and 14‑foot overhead doors; Exterior docks for loading and receiving; Spray foam insulation in the warehouse units
