500 W Taft Dr South Holland, IL 60473
98,840 square foot industrial park on 6.1 acres.
Type:Warehouse
Property size:
98,840 SFLot size:
6.10 AcresPrice / SF:
$76/SF- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:21 am
Property Features for 500 W Taft Dr
General Information
- Standard status
- Active
- Size
- 98,840 SF
- Lot size
- 6.10 Acres
- Property subtype
- Warehouse
Building Details
- Year Built
- 1975
Listing agent Alexander Zlotnik License #IL: 475212760 (312) 327-5499
Listing office Chicago Downtown Office (312) 327-5499
Listing date Apr 3, 2026
Source Marcusmillichap
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All listing content including descriptions, pricing, images are the copyrighted material of Chicago Downtown Office
Overview
South Holland Industrial Park
The industrial park, located at 500 to 562 West Taft Drive in South Holland, Illinois, comprises approximately 98,840 square feet of shallow-bay industrial space on 6.1 acres of land. The property consists of four buildings featuring masonry construction, a 14-foot clear height, 38 units, 28 dock-high doors, and three grade-level doors. The property has premier accessibility in the south Chicago suburbs, with Interstates 294/80 and 94 positioned within a seven-minute drive. Two major intermodal hubs, Canadian National Chicago Intermodal Terminal and Union Pacific Dolton Illinois, are located within three miles of the industrial park. The property is 94.54 percent occupied. The property generates a 7.92 percent cap rate with a weighted average lease term of 1.89 years at the time of listing. The subject property is well-positioned within the Near South Cook submarket, containing 53.1 million square feet of industrial space. The Chicago-Naperville-Elgin metro area houses 9.3 million people, including 2.7 million residents within the city of Chicago. Chicago is a major distribution and logistics hub thanks to eight commercial and passenger rail lines, the Port of Chicago, three international airports, and a vast network of freeways. The local economy and workforce are highly diverse, supported largely by distribution, finance, manufacturing, and high-tech industries.
Location Intelligence
Current Use by Public Records
The Content House
Advertising Agency
Similar Places Nearby
- Extra Space Storage — 175 W 162nd St, South Holland, IL 60473
Location Insight
- Map
- Local Demand
- City
- South Holland
- County
- Cook
- State
- Illinois
- Longitude
- -87.627618
- Latitude
- 41.593699
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 98,840 square foot industrial park on 6.1 acres.
Where is this warehouse located?
The property is located at 500 W Taft Dr South Holland, IL.
What is the asking price?
The asking price for this property is $7,550,000.
What are key features of this property?
This property features: Significant value‑add opportunity with average rents 24.8% below market rate.; High 94.54% occupancy rate, generating a 7.92% cap rate.; Premier accessibility to Interstates 294/80 and 94, and close to two major intermodal hubs.
