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500 W Taft Dr South Holland, IL 60473

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For Sale
$7,550,000

98,840 square foot industrial park on 6.1 acres.

Type:Warehouse
Property size:
98,840 SF
Lot size:
6.10 Acres
Price / 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

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Listing Contact
Alexander Zlotnik

Listing agent Alexander Zlotnik License #IL: 475212760

Listing office Chicago Downtown Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 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

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

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

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.
More about this property
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