Industrial Warehouse with
525-531 W 169th St South Holland, IL 60473
525-531 W 169th St, South Holland, IL, 60473
$3,550,000
For Sale
$3,550,000
Industrial facility includes 4,950 SF office space, 3 drive-in doors, 4 docks, and 16’ clear height.
Property Size50,204 SF
Lot Size3.63 Acres
Price / SF$70.71
Days on Market50
Property Features for 525-531 W 169th St
General Information
- Standard status
- Active
- Size
- 50,204 SF
- Lot size
- 3.63 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1979
Listing agency
Cawley Chicago
(815) 302-5488
Listed by
Joshua Hearne
(815) 302-5488
Source
Cawleycre
Added: Jun 3 Updated: Jul 22 at 2:25AM Checked: Jul 22 at 2:25AM
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 Cawley Chicago
Investment Insights
Based on property information with market context.
This industrial property features a 50,204 SF warehouse with 4,950 SF of office space. The building is equipped with 3 drive-in doors and 4 dock doors, supported by 16’ clear height and 1,600 amps of power. Additional operational amenities include compressed air lines throughout, a breakroom, and locker rooms.
The property includes 1 acre of fenced and secured outdoor storage, with room for expanded operations. It sits on 3.63 acres and provides ample parking, along with quick access to major highways including I-94, I-80, I-57, and I-294.
Loading capability and on-site office space make this facility well-suited to logistics and industrial uses that require both warehouse and administrative areas, with exterior storage available behind fencing.
The property includes 1 acre of fenced and secured outdoor storage, with room for expanded operations. It sits on 3.63 acres and provides ample parking, along with quick access to major highways including I-94, I-80, I-57, and I-294.
Loading capability and on-site office space make this facility well-suited to logistics and industrial uses that require both warehouse and administrative areas, with exterior storage available behind fencing.
Key Highlights
- 50,204 SF industrial building on 3.63 acres (includes 4,950 SF office space)
- Loading includes 3 drive‑in doors and 4 docks
- 16’ clear height and 1,600 amps electrical power (400 volt)
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $325.3k | $6.48 |
| − Vacancy | −$16.6k | −$0.33 |
| EGI | $308.7k | $6.15 |
| − OpEx | −$46.3k | −$0.92 |
| NOI | $262.4k | $5.23 |
50,204 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%
Alternative Uses
Best Use
Office B
$9.89M
$8.65M – $11.54M
NOI $692,231 @ 7.0% cap · market cap 19.50%
Second Best
Warehouse
$3.75M
$3.28M – $4.37M
NOI $262,421 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$17.33M
$15.17M – $20.22M
NOI $1,213,321 @ 7.0% cap · market cap 34.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
Similar Off Market Nearby
- Public Storage — 17208 Halsted St, East Hazel Crest, IL 60429
- CubeSmart Self Storage — 16731 Halsted St, Harvey, IL 60426
FAQs
What type of property is this?
Warehouse - Industrial facility includes 4,950 SF office space, 3 drive-in doors, 4 docks, and 16’ clear height.
Where is this warehouse located?
The property is located at 525-531 W 169th St South Holland, IL.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: 50,204 SF industrial building on 3.63 acres (includes 4,950 SF office space); Loading includes 3 drive‑in doors and 4 docks; 16’ clear height and 1,600 amps electrical power (400 volt)
