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Air Conditioned Warehouse/Distribution Space
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3311-3333 N Kennicott Ave, Springfield, IL

99,365 SF building with highway access in Arlington Heights, IL.

Space Size99,365 SF
Lot Size10.16 Acres
Days on Market1148

Property Features for 3311-3333 N Kennicott Ave

General Information

Standard status Active
Size 99,365 SF
Lot size 10.16 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 3311-3333 N Kennicott Ave Contact us

3311 N Kennicott Ave $8.50/SF/Yr

Floor
Bldg
Size
99,365 SF
Type
INDUSTRIAL
Lease Type
NET_NNN
Availability
AVAILABLE, Now
Sublease
No
- 100% air conditioned - Building expandable to 160,365 SF - LED lighting - Excellent...
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Listing Agency: Colliers | Chicago Rosemont
Listed By: Kelly Joyce
Source: Moodyscre
Added: Jun 30, 2023 Changed: Aug 8 Last Checked: Aug 20 at 9:59AM

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 Colliers | Chicago Rosemont

Investment Insights

Based on property information with market context.

This 99,365 square foot building on 10 acres is available for sale or lease. Constructed in 1982, the property features 53,367 SF for lease and 10,355 SF of office space. The building is 100% air conditioned and equipped with LED lighting. It has a clear height of 24 feet and bay sizes of 50 feet by 40 feet. Electrical capacity is 2,000 amps at 480 volts. Loading is facilitated by 4 interior docks and 1 drive-in door. Car parking is available at a ratio of 1 per 1,000 square feet, expandable as needed. Trailer parking is also available. The property offers excellent highway access at Dundee/Rt. 53. The estimated CAM for 2023 is $0.94 per square foot, and real estate taxes were $3.80 per square foot in 2022 (payable in 2023).

Key Highlights

  • Excellent highway access at Dundee/Rt. 53
  • Available for lease (53,367 SF) or sale (99,365 SF)
  • 100% air conditioned

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick HVAC Service Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Home Appliance Store Hair Salon

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

$0.94 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,767
Businesses Nearby
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Warehouse - 99,365 SF building with highway access in Arlington Heights, IL.
Where is this warehouse located?
The property is located at 3311-3333 N Kennicott Ave Springfield, IL.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: Excellent highway access at Dundee/Rt. 53; Available for lease (53,367 SF) or sale (99,365 SF); 100% air conditioned
(847) 910-2641 Call to check price and availability
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