143 W 154th St, South Holland, IL 60473
44,000 SF food building with leaseback opportunity.
- Added:
- May 10, 2024
- Days on Market:
- 788
- Last Refresh:
- Jul 4 at 10:10 pm
Property Features for 143 W 154th St
General Information
- Standard status
- Active
- Size
- 44,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1972
Listing office eXp Commercial, LLC. (847) 644-2757
Listing date May 10, 2024
Source Crexi
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 eXp Commercial, LLC.
HighLights
- 44,000 SF food building
- Boasting 21,000 SF of cooler/freezer space
- Seller will leaseback the property
- Leaseback term of 5 - 7 years
- Built in 1972
- Suitable for food‑related businesses
Overview
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 | $285.1k | $6.48 |
| − Vacancy | −$14.5k | −$0.33 |
| EGI | $270.6k | $6.15 |
| − OpEx | −$40.6k | −$0.92 |
| NOI | $230.0k | $5.23 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- All Seasons Storage Center — 136 E 154th St, South Holland, IL 60473
Location Insight
- Map
- Local Demand
- City
- South Holland
- County
- Cook
- State
- Illinois
- Longitude
- -87.6219341
- Latitude
- 41.6149051
