2717 North St Edelstein, IL 61526
This exceptional 124,805-square-foot industrial warehouse in Edelstein, IL, presents a compelling investment opportunity. Priced at $1,950,000 ($15.62/sq ft), this Class B property boasts a substantial 9.11-acre lot and features a two-story office space totaling 18,117 square feet (13,777 SF on the main floor and 4,340 SF on the second). The office area, renovated in 2001 and featuring a new roof (2023), offers a reception area, multiple private offices, large conference/training rooms, and ample restroom facilities. The expansive 106,690-square-foot industrial space includes several large clear-span areas with ceiling heights ranging from 18 to 22 feet, seven overhead drive-in doors, and two paint booths. Built in 1960, the warehouse features exceptionally strong concrete floors (6.5-12 inches thick), heavy electrical power with multiple panels, and convenient access to I-80, I-55, and I-74. The property is zoned I1 and includes 50 parking spaces. While comprised of 19 distinct parcels, the property offers significant potential for various industrial uses. Water is supplied by Edelstein Water Supply, and sewage is handled by a septic tank. Financial details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.