Property summary
This exceptional 37,821-square-foot industrial property in South Holland, Illinois, presents a unique investment opportunity. Situated on a 3.48-acre fenced site, this single-tenant building boasts a versatile layout ideal for refrigerated/cold storage, manufacturing, or distribution. The property features two buildings, totaling 37,821 square feet, with a 12' to 24' ceiling height. The space includes 22,633 square feet of freezer/cooler space, a 3,000-square-foot garage with seven drive-in doors, and a 3,200-square-foot office area. Loading and unloading are facilitated by five exterior loading docks and five dock-high doors. Ample parking is available with 100+ spaces, including paved parking for 180+ vehicles. The property benefits from a recent $1 million upgrade, including new USDA-compliant floors with extensive floor drains and the removal of demising walls to create a larger production area. Built in 1940 and extensively renovated in 2023, this property is zoned for Light Industrial use in Cook County, Illinois, and enjoys a Class 6b tax designation. The property is currently vacant and ready for immediate occupancy. This is a rare opportunity to acquire a fully renovated, multi-functional industrial space in a prime location.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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