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6400 Canal Bank Rd
Forest View, IL 60402 Garfield Ridge

$7,900,000 USD

Land For Sale  •  9.36 AC

Property Details

  • Property Type Land
  • Lot Size 9.36 AC
  • Zoning I
0 Transit Score
14 Walk Score

Description

Investment Opportunity: 6400 West Canal Bank Road
Premier Industrial Yard & Income-Producing Site | Forest View, IL
Located near the high-traffic intersection of I-55 and Harlem Avenue, this unique industrial asset offers a rare combination of immediate cash flow and significant long-term utility. Situated along the Chicago Sanitary and Ship Canal, the property provides expansive acreage suited for heavy industrial use, logistics, and truck parking.
Property Overview
Address: 6400 West Canal Bank Road, Forest View, Cook County, IL
Total Site Area: Approximately 9.36 ± Acres (combined parcels).

Parcel 1: 2.21 Acres

Parcel 2: 7.15 ± Acres

Annual Gross Income: +/- $650,000 (Current)
Current Use: Industrial outdoor storage (IOS), truck parking, and multi-tenant leasing.

Location Advantage: Exceptional proximity to the I-55 corridor and Harlem Avenue, providing rapid transit access to the Chicago metropolitan area.
Key Investment Highlights
High Revenue Generation: The site currently generates substantial annual income of approximately $650,000 through diverse leasing arrangements.
Flexible Tenancy: The property features multiple tenants with a mix of lease terms, including month-to-month agreements, offering an investor immediate flexibility for redevelopment or rent optimization.
Strategic Industrial Location: Positioned between the BNSF Railway and the Chicago Sanitary and Ship Canal, the site is ideal for businesses requiring multimodal logistics support.

Critical Infrastructure: The site is improved with various industrial features, including:
Large-scale truck parking and equipment storage areas.

The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.

Highlights

Water Access Direct frontage on the Chicago Sanitary and Ship Canal
Zoning/Usage Industrial Outdoor Storage / Truck Parking
Annual Gross Income: +/- $650,000 (Current) Subject to confirmation
Current Use: Industrial outdoor storage (IOS), truck parking, and multi-tenant leasing.
Location Advantage: Exceptional proximity to the I-55 corridor and Harlem Avenue, providing rapid transit access to the Chicago metropolitan area.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Summit Station (Heritage Corridor Line - Northeast Illinois Regional Commuter Railroad (Metra)) 9 min - 2.0 mi
Harlem Avenue Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) 10 min - 3.3 mi
AirportDriveWalkDistance
Chicago Midway International 12 min - 4.3 mi
Chicago O'Hare International 39 min - 18.2 mi
Peter Poulos 708-906-0270 Peter J. Poulos Real Estate
Peter Poulos 708-906-0270 Peter J. Poulos Real Estate