Property profile

15527 La Salle St South Holland, IL 60473

OFF-MARKET
Warehouses
25,735 SF Built 1994
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Property summary

AI-generated overview

This exceptional industrial property, located at 15527 LaSalle Street in South Holland, Illinois, presents a significant investment opportunity. The 25,735-square-foot warehouse building, constructed in 1994 and renovated in 2010, sits on a sizable lot. The property boasts a 24-foot ceiling height, providing ample vertical space for storage and operations. Two dock-high doors ensure efficient loading and unloading, complemented by 80 feet of free-span space. The warehouse is equipped with a 2-5 ton crane featuring an 18-foot under-hook clearance, enhancing operational capabilities. Power is supplied by a robust 600-amp system. Benefitting from a 6B Tax Incentive, this property enjoys a strategic location, providing easy access to major transportation arteries including I-294, I-80, I-57, and I-94. Currently vacant, this warehouse is ready for immediate occupancy and offers significant potential for a variety of industrial uses. The asking price is $2,150,000, translating to $83.54 per square foot. This represents a compelling opportunity to acquire a well-maintained, strategically located industrial asset in the thriving Cook County market. The property consists of one building.

Property profile

Verified
Property type Warehouses
Year built 1994
Total area 25,735 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply
  • Electronics & Wireless Store

Location

15527 La Salle St South Holland, IL 60473
South Holland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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