Property Description

A rare opportunity to own a well-located, income-producing industrial asset in the Chicago South Suburbs! This industrial property offers approximately 21,355 SF of flexible space (including ~1,213 SF office) on a generous 46,609 SF lot with 40 parking spaces. Built in 1984 with solid brick, concrete, and concrete block construction and a steel roof, the property is ideally suited for warehouse/distribution, manufacturing, food/beverage, office/research, flex, and other commercial/industrial uses. The features include central air conditioning, 3-phase power (up to 600 amps), full utilities on site (electric, gas, water, sanitary), 10' clear height, accessible entrance, and multiple overhead doors. The site provides excellent visibility and accessibility in the South Suburban commercial business district, near major roadways and businesses. The rental income has significant upside through updated rents and leasing of the two existing vacancies (expected to be filled by closing). This is a true armchair investment-perfect for 1031 exchange buyers or owner-users. The original owners occupied a portion of the building for over 40 years and are now retired and motivated to sell. This turnkey property in a stable industrial market offers immediate cash flow, long-term appreciation potential, and flexibility for a wide range of business operations. Bring all offers; investors and owner-users are encouraged to act quickly.

Property Features