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500-566 W Taft Dr
South Holland, IL 60473

$7,550,000 USD

Warehouse For Sale  •  98,840 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 98,840 SF
  • Lot Size 6.14 AC
  • Building Class C
  • Year Built 1975
  • Tenancy Multiple
  • Zoning LI, South Holland
39 Transit Score
54 Walk Score

Highlights

Four-Building 98,840-Square-Foot Shallow-Bay Industrial Park on 6.10 Acres
Featuring 38 Units, 14’ Clear-Height, 28 Dock Doors, Three Grade Doors, and Masonry Construction
Premier Accessibility with Close Proximity to I-294/I-80, I-94, and Two Major Intermodals
7.2% Cap Rate on 90% Occupancy with +/-1.7 Years of WALT | 25% Below-Market Rents Offer Significant Upside
Outperforming Submarket with Low Deliveries: 3.9% Rent Growth vs. 1.6% National Average

Property Flyers

Amenities

  • 24 Hour Access
  • Skylights
  • Storage Space
  • Monument Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Harvey Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 1.8 mi
Hazel Crest Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 2.7 mi
AirportDriveWalkDistance
Chicago Midway International 32 min - 18.4 mi
Chicago O'Hare International 57 min - 40.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 125
Type: Surface
Included in Rent: Yes
Adam Abushagur 972-755-5223 Marcus & Millichap
Adam Abushagur 972-755-5223 Marcus & Millichap