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Rail-Served Industrial Redevelopment Site
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525 Elm Pl, Princeton, IL 61356

Two industrial units on a rail-served site, with heavy-duty parking, utilities, and M1 zoning for redevelopment.

Property Size120,000 SF
Lot Size22.00 Acres
Days on Market173

Property Features for 525 Elm Pl

General Information

Standard status Active
Size 120,000 SF
Lot size 22.00 Acres
Property subtype Industrial, Land
Zoning Industrial
Investment Type Redevelopment

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Heavy Power Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Cawley Chicago Commercial Real Estate
Listed By: Jon Chamlin · License #IL
Source: Crexi
Added: Mar 24 Changed: Sep 10 Last Checked: Sep 12 at 7:13AM

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 Cawley Chicago Commercial Real Estate

Investment Insights

Based on property information with market context.

This for-sale industrial redevelopment site includes a 120,000 SF facility configured as two units, along with additional building area identified as 40,000 SF suitable for renovation and 80,000 SF suited for salvage and slab reuse. The property is zoned M1 for industrial use and includes 3 acres of heavy-duty parking.

A BNSF-owned 1,000-foot rail spur is on site, supporting rail-related opportunities such as trans-load activity. Access to Route 80 is described as 1.6 miles through the industrial park, and the property is served with city sewer and water.

Utility information in the remarks includes 3-phase power and gas available, along with data fiber for connectivity. Potential uses listed in the remarks also include agriculture and solar, subject to applicable requirements.

Key Highlights

  • 120,000 SF industrial property with 2 units on 2+/- acres, zoned M1 for industrial use
  • BNSF ±1,000‑foot rail spur on site for rail‑served operations and potential trans‑load use
  • ±3 acres of heavy‑duty parking, plus City sewer and water utilities

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Real Estate Agency Kitchen & Bath Showroom Garden Center

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

Multi-tenant
Tenancy
Yes
Heavy power
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61356, IL

10,915
Population
5,120
Households
2.1
Avg Household Size
48
Median Age
28%
College-Educated
93%
High-School Grad
189.6 sq mi
ZIP Area
58
Density / Sq Mi
$63,952
Median Household Income
$35,830
Median Earnings
$751
Median Rent
$146,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Two industrial units on a rail-served site, with heavy-duty parking, utilities, and M1 zoning for redevelopment.
Where is this warehouse located?
The property is located at 525 Elm Pl Princeton, IL.
What are key features of this property?
This property features: 120,000 SF industrial property with 2 units on 2+/- acres, zoned M1 for industrial use; BNSF ±1,000‑foot rail spur on site for rail‑served operations and potential trans‑load use; ±3 acres of heavy‑duty parking, plus City sewer and water utilities
(312) 766-4281 Call to check price and availability
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