Property summary
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
VerifiedCap rate & NOI
Current use
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Building Supply
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Electronics & Wireless Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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