23937 Northern Illinois Dr, Channahon, IL 60410-5181
This exceptional 5,000-square-foot executive office and warehouse property in Channahon, Illinois, presents a unique investment opportunity. Situated on a sizable 5-acre lot, the property boasts a fully fenced and secured perimeter, enhanced by an electric fence and a lighted, graveled lot. The interior office space features new finishes, providing a modern and efficient workspace. Convenient trailer parking is available on-site. The property is zoned for industrial use, offering flexibility for a variety of businesses. Its strategic location provides easy access to major transportation arteries, including the proximity to UP Global IV and BNSF railway lines, as well as Interstate 55. Benefit from the low Will County tax rates. The asking price for this turnkey property is $4,450,000. A lease option is also available at $30,000 per month. This property is ideally suited for businesses seeking a combination of office and warehouse space in a prime location with excellent access to transportation and infrastructure. The property's features, combined with its advantageous location and low taxes, make it a compelling investment opportunity. The address is 23937 S Northern Illinois Drive, Channahon, IL 60410.
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TVA Containers Parking Parking Lot & Garage
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UPS Drop Box (Bike/Boat/Book/etc) Store Postal Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.