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This exceptional 123,600-square-foot industrial property, situated on a 7.5-acre lot in Park Forest, Illinois, presents a compelling redevelopment opportunity. The property, comprised of three single-story buildings, offers a unique blend of warehouse, cold storage, and office space. Built in 1960 and renovated in 2001, the property features seven loading docks, three dock-high doors, and a ceiling height of 16 feet. The M-2 zoning permits a variety of uses, including cold storage, food production, and cannabis craft growing. The asking price is $6,750,000, translating to $54.61 per square foot. Currently vacant, this property is ideal for an investor seeking a value-add project. Key features include a new fire panel, floor drains throughout, a new 2,000-amp transformer with heavy power (3-phase), and a fenced lot. The property's location offers convenient access to I-57 and 394, providing excellent transportation links. The property's address is 80 North St, Park Forest, IL 60466, and the APN is 31-25-200-009-0000
Highlights
±80,116 SF industrial and cold storage warehouse.
±23,000 SF two-story office with executive suites.
Keystone Property Tax Code and potential incentives.
New fire panel and floor drains throughout.
New 2,000-amp, 3-phase transformer with heavy power.
Ceiling heights ranging from 16' to 24'.
Property Details
for 80 North St
Property type
Refrigeration & cold storage, Other industrial properties
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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