Property Description

A rare opportunity to own a well-located, income-producing industrial asset in the Chicago South Suburbs! This industrial property offers approximately 22,000 SF of flexible space on a generous 46,609 SF lot with 40+ parking spaces. Solid brick building east (approx. 14,000 sf) , concrete, and concrete block construction and partial brick/steel building west (8,000 sf) 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), 16' clear height, accessible entrances along Wireton Road, and every unit has an overhead door. 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 future updated rents to market and leasing of the three existing vacancies (expected to be filled by closing). Income assumes full occupancy. 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