326-414 State St Calumet City, IL 60409
- Warehouses
- 14,687 SF
- 1.10 lot acres
Current Use by Public Records
- Warehouses
Property Details for 326-414 State St
- Lot size
- 1.10 lot acres
- Property size
- 14,687 SF
- Property type
- Warehouses
- Property subtype
- Office Properties & Spaces
Description
This exceptional Calumet City, IL property offers a unique investment opportunity encompassing two buildings totaling 14,687 to 40,368 square feet of versatile space. The property is zoned for both executive office and warehouse uses, making it ideal for a variety of businesses. Situated on 1.1 to 3.5 acres of land, the site boasts ample parking with 125 spaces, five loading docks, and four dock-high doors, ensuring efficient logistics. The warehouse features impressive clear heights of approximately 16 feet (plus a 5-foot interstitial ceiling), ranging from 17 to 21 feet in height. A state-of-the-art rack refrigeration system (R-507 direct expansion) is in place. The city of Calumet City is actively facilitating expansion by vacating Wentworth Avenue, presenting significant future development potential. The property is currently vacant and available for sale under a NNN lease structure. Land value ranges from $65 to $104.04 per square foot. This is a rare opportunity to acquire a well-located, functional, and expandable industrial campus in a growing area. The property's combination of office and warehouse space, along with its excellent infrastructure, makes it an attractive investment for businesses seeking a strategic location in Cook County, Illinois. The address is 326-414 E State St, Calumet City, IL 60409.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Calumet City
- County
- Cook
- State
- Illinois
- Longitude
- -87.5294
- Latitude
- 41.6235
