Property profile

500 Earl Rd Shorewood, IL 60404

OFF-MARKET
Industrial land
Property ID
US28-3780151
1.78 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial warehouse property, located at 500 Earl Road in Shorewood, Illinois, presents a compelling investment opportunity. Boasting 41,423 square feet of net rentable space across two stories, this vacant warehouse is situated on a substantial 3.89-acre lot, including a 1.78-acre vacant parcel. The property features a convenient 18-foot clear ceiling height, making it suitable for a variety of industrial uses. Access is facilitated by one exterior truck door and three drive-in doors, ensuring efficient loading and unloading. Ample parking is provided with 63 spaces. The warehouse is zoned I-2, offering flexibility for various industrial operations. Power is robust, with 1200 amps at 480 volts available. Further enhancing its functionality is a 2,000-pound material lift. The asking price for this prime industrial property is $2,800,000. This presents a rare opportunity to acquire a well-located, spacious, and versatile warehouse in the thriving Will County market, with significant potential for future development or immediate occupancy. The property's size, features, and zoning make it an attractive prospect for a wide range of industrial businesses. Don't miss this chance to secure this exceptional asset.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.78 ac (77,537 SF)
APN 05-06-16-102-049
UPID US28-3780151

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
  • Industrial Manufacturer Production Facility

Location

500 Earl Rd Shorewood, IL 60404-9467
Shorewood metro Census 883213 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2025
2 recorded transactions
2025
$1.3M
2014
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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