Current Use by Public Records
- Warehouses
Property Details for 1500 Old Skokie Vly Rd
- Property type
- Warehouses
- Property subtype
- Retail properties & Spaces
Description
This exceptional value-add investment opportunity encompasses a 41,204-square-foot industrial campus situated on a 70,727.97-square-foot lot in Highland Park, IL (60035). The property consists of three single-story buildings totaling three units, currently vacant and available for occupancy November 8, 2024. The buildings, with addresses 1488, 1500, 1558, and 1564 Old Skokie Road, are zoned I (Light Industry) and offer a range of features including 9 dock-high doors, ceiling heights ranging from 14 to 30 feet, and ample parking (40 spaces). Building sizes vary, with one building constructed in 1947 (17,240 sq ft), another in 2005 (7,820 sq ft), and two buildings constructed in 1969 (3,515 sq ft and 7,190 sq ft, sharing a combined 10,500 sq ft). All buildings feature floor drains and triple catch basins. Roof ages vary, with sections replaced in 2006, 2009, and 2014. The property's prime location near Route 41 presents significant potential for various uses, including autobody repair, light manufacturing, warehousing, storage, retail, or office space. The property's existing infrastructure, including heavy power and multiple drive-in doors, makes it well-suited for a variety of businesses. APN: 16-27-112-001-0000 and 16-27-105-005-0000 & 16-27-105-006-0000. Virtual tours are available.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Highland Park
- County
- Lake
- State
- Illinois
- Longitude
- -87.8203
- Latitude
- 42.1797
