Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1225 Channahon Rd Rockdale, IL 60436

    • Warehouses
    • 16,300 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1225 Channahon Rd

    Year built
    1978
    Lot size
    1.00 lot acres
    Property size
    16,300 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property, located at 1225 Channahon Road, offers a rare opportunity to lease warehouse space in unincorporated Will County. The property comprises three buildings totaling 16,300 square feet, with 4,300 square feet currently available for lease. Built in 1978, the buildings boast a recently refreshed exterior with fresh paint. The property sits on a one-acre lot, providing over half an acre of paved outside storage space, enhanced by recently added base stone. The extensive landscaping improvements include a cleared and cleaned yard. The strategic location offers immediate access to two full interchanges, providing excellent accessibility for transportation and logistics. The property is zoned I-3S - Intensive Industrial, allowing for a variety of industrial uses. One loading dock is available on the property. This freestanding building presents a unique opportunity for businesses seeking a well-maintained, conveniently located warehouse space with ample outdoor storage. The property's features make it ideal for companies requiring both indoor and outdoor space for operations and storage.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rockdale
    County
    Will
    State
    Illinois
    Longitude
    -88.1097
    Latitude
    41.502

    Comparable in this City

    • Value Estimation by Request
      16,300 SF

      1225 Channahon Rd

      Distribution properties • 16,300 SF
      1225 Channahon Rd, Rockdale, IL 60436
      View Details
    • Value Estimation by Request
      8,000 SF

      3501 Channahon Rd

      Distribution properties • 8,000 SF
      3501 Channahon Rd, Joliet, IL 60436
      View Details
    • Value Estimation by Request

      Mound Rd

      Land
      0 Mound Rd, Joliet, IL 60436
      View Details
    • Value Estimation by Request
      16.04 Acres

      1601 Patterson Rd

      INDUSTRIAL (GENERAL) • 16.04 Acres
      1601 Patterson Rd, Joliet, IL 60436-9332
      View Details
    • Value Estimation by Request
      16.43 Acres

      1601 Schweitzer Rd

      INDUSTRIAL (GENERAL) • 16.43 Acres
      1601 Schweitzer Rd, Joliet, IL 60436-8545
      View Details
    • Value Estimation by Request
      0.13 Acres

      210 Wallace St

      INDUSTRIAL (GENERAL) • 0.13 Acres
      210 Wallace St, Joliet, IL 60436-2202
      View Details

    Similar Nearby for Sale

    • $1,700,000
      21,100 SF

      Leased Industrial Building Investment Opportunity

      Single-user, fully leased industrial building with long-term tenant.
      1801 Moen Ave, Rockdale, IL 60436
      View Details
    • Contact for pricing

      Joliet Industrial Land: 58-123 Acres

      Prime Joliet industrial land, I-80 frontage, I-2 zoning.
      0 Mound Rd, Joliet, IL 60436
      View Details
    • $5,135,000
      39.29 Acres

      39.29 Acres Industrial Land, Joliet, IL

      Prime Industrial Land: Joliet, Will County.
      Joliet Breen Rd And Rowell Rd, Rockdale, IL 60436
      View Details
    • Contact for pricing
      10.13 Acres

      Stone City Commercial Land

      Joliet, IL: 10 acres, B-3 zoning
      0 Il-53, Joliet, IL 60436
      View Details
    • $1,995,000
      3,339 SF

      Joliet Restaurant/Retail Opportunity For Sale

      Recently renovated 3,339 SF building with drive-thru and patio.
      1866 West Jefferson St, Joliet, IL 60436
      View Details
    • $10,500,000

      20 Acre Joliet Industrial Parcel

      20-acre industrial parcel near I-80, I-55, and intermodal facilities.
      Channahon Rd, Joliet, IL 60436
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      37,147 SF

      Proposed Truck Terminal with Maintenance

      Proposed 37,147 SF truck terminal with extensive parking.
      3350-B Channahon Rd, Joliet, IL 60436
      View Details
    • $4 SF/Yr
      1,380,070 SF

      Rockdale Warehouse and Distribution Space

      Large industrial space with easy access to major transportation routes.
      2200 Channahon Rd, Rockdale, IL 60436
      View Details
    • $6 SF/Yr
      345,528 SF

      Joliet Warehouse Space Available

      345,528± SF warehouse space for lease near I-80/I-55.
      2700 Mcdonough St, Joliet, IL 60436
      View Details
    • $4 SF/Yr
      1,380,070 SF

      Joliet Industrial Space For Lease

      Industrial property in Joliet, close to major transportation routes.
      2200 Channahon Rd, Joliet, IL 60436
      View Details
    • $12,000 /Mo

      Joliet Warehouse and Parking Available

      Warehouse and trailer parking available for lease in Joliet.
      2250 Channahon Rd, Joliet, IL 60436
      View Details
    • Contact for pricing

      Secured Trailer Parking in Joliet

      8.89 acres of secured trailer parking available for lease.
      Joyce Rd, Joliet, IL 60436
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1225 Channahon Rd
    Rockdale, IL 60436
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.