500 Earl Rd Shorewood, IL 60404-9467
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.
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.