Current Use by Public Records
- Industrial properties
Property Details for 503 98Th Ave
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional 51,000-square-foot flex space in Lake County, Illinois, is available for lease. Located within a 386-acre master-planned business park, this single-tenant building offers convenient access to I-65 via US 30 & 109th Ave (6-minute drive). The property boasts a 20-foot ceiling height, four dock-high doors, and four drive-in doors, ensuring efficient loading and unloading. Ample parking is provided with 114 spaces. The building features a precast insulated core panel with an EPDM roof, a 4-inch reinforced concrete slab at the front bays, and a 6-inch reinforced concrete slab at the rear bay. The interior column bays measure 40' x 50', while end bays are 50' x 50'. High-speed fiber optic telecom and all municipal utilities are in place. The building is fully improved and offers flexible, economical designs. A tax abatement is available. The property sits on 4.73 acres and is divisible to 7,500 square feet. Building amenities include LED lighting, rooftop HVAC units with individual suite control, a wet pipe ESFR sprinkler system, and power to suit tenant needs. Expected delivery is May 2024. The strategic location offers proximity to downtown Chicago (30 minutes) and is surrounded by convenient support services, attractions, and amenities. This property presents a unique opportunity for businesses seeking a modern, efficient, and well-located industrial/flex space.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crown Point
- County
- Lake
- State
- Indiana
- Longitude
- -87.331
- Latitude
- 41.4392
