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Warehouse with Trailer Parking
For Sale
$10,500,000

480 E Lincoln Hwy, Chicago Heights, IL 60411

The large industrial facility includes office space and multiple dock and drive-in doors.

Property Size281,847 SF
Lot Size12.63 Acres
Price / SF$37.25
Days on Market11

Property Features for 480 E Lincoln Hwy

General Information

Standard status Active
Size 281,847 SF
Class C
Lot size 12.63 Acres
Property subtype industrial

Warehouse & Industrial

Clear Height 22 ft
Office Build-Out 5,000 SF
Dock-High Doors 16
Drive-In Doors 3
Trailer Parking 55
Voltage 480 V
Sprinkler System Yes

Building Details

Year Built 1963
Building Size 281,847 SF
Listing Agency: Chicago
Listed By: Adam Haefner
Source: Property.jll
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 28 at 5:13AM

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 Chicago

Rey
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Investment Insights

Based on property information with market context.

At 480 E Lincoln Hwy in Chicago Heights, this 281,847-square-foot warehouse was built in 1963 and includes 5,000 square feet of office space. The offering includes a 72,712-square-foot condo configuration, and the space is divisible to that size. Building features include 22-foot clear ceiling height, 16 exterior docks, 3 drive-in doors, LED motion-sensor lighting, and an ESFR sprinkler system.

The 12.63-acre site includes 2.07 acres designated for additional trailer parking, with 55 potential trailer positions.

Key Highlights

  • 281,847 SF warehouse on a 12.63‑acre site
  • 72,712 SF condo configuration; space is divisible to 72,712 SF
  • 22‑foot clear ceiling height, 16 exterior docks, and 3 drive‑in doors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Jacobson Co Warehouse & Storage Gerresheimer Glass Inc. Warehouse & Storage

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Kitchen & Bath Showroom Skin Care Clinic

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

22 ft
Clear height
16
Dock-high doors
3
Drive-in doors
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60411, IL

53,515
Population
21,382
Households
2.5
Avg Household Size
36
Median Age
22%
College-Educated
87%
High-School Grad
30.7 sq mi
ZIP Area
1,743
Density / Sq Mi
$56,627
Median Household Income
$35,995
Median Earnings
$1,156
Median Rent
$148,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Self-Storage at U-Haul — 2210 Western Ave, Park Forest, IL 60466
  • Public Storage — 1505 Western Ave, Chicago Heights, IL 60411
  • Extra Space Storage — 571 W 14th St, Chicago Heights, IL 60411
  • Extra Space Storage — 515 W Lincoln Hwy, Chicago Heights, IL 60411
  • Public Storage — 20909 Western Ave, Chicago Heights, IL 60411

Frequently Asked Questions

What type of property is this?
Warehouse - The large industrial facility includes office space and multiple dock and drive-in doors.
Where is this warehouse located?
The property is located at 480 E Lincoln Hwy Chicago Heights, IL.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 281,847 SF warehouse on a 12.63‑acre site; 72,712 SF condo configuration; space is divisible to 72,712 SF; 22‑foot clear ceiling height, 16 exterior docks, and 3 drive‑in doors
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