Property profile

1 Dutch Vly Dr South Holland, IL 60473

OFF-MARKET
Industrial properties
Property ID
US28-3450415
0.63 ac lot Built 1998
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1998
Lot 0.63 ac (27,482 SF)
APN 29-13-300-038
UPID US28-3450415

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
  • Restaurant

Location

1 Dutch Vly Dr South Holland, IL 60473-1967
South Holland metro Census 826201 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2021
$400,000
2018
Price N/A

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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