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Property profile & analytics
OFF-MARKET
Warehouses

2717 North St Edelstein, IL 61526

124,805 SF 9.11 ac lot Built 1960
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 1960
Total area 124,805 SF
Lot 9.11 ac (396,832 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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