The industrial park consists of three buildings with a total of 45,706 square feet of shallow-bay industrial space situated on 3.86 acres. The property features 20 units with 32 drive-in doors and offers 10’ to 16’ clear height, making it suitable for a variety of industrial uses. The units are designed to accommodate different tenant needs, with ample parking and outside storage available due to the 27 percent building coverage ratio.
The property is currently 87 percent occupied, with an average annual rent of $6.33 per square foot, presenting a value-add lease-up opportunity. The current occupancy rate and rent provide a solid foundation for potential investors. The property is priced well below replacement costs, making it an attractive option for those looking to invest in the industrial market.
The industrial park is strategically located in the Far South Cook submarket, which has an impressive 2.2 percent vacancy rate in Q1 2026, 5.6 percentage points below the national average. Unlike rents in most markets that continue to decelerate, annual rent growth in Far South Cook bottomed in Q2 2025, rising 190 basis points to 5.2 percent in Q1 (CoStar). The property’s proximity to I-57 and U.S. Route 30 provides easy access to major transportation routes, making it an ideal location for industrial businesses. The property is also eligible for lower property taxes via Cook County’s Class 8 Tax Incentive, which can help reduce operating costs.
Broker of Record:
STEVEN WEINSTOCK
Illinois Broker of Record
One Mid America Plaza, Suite 200
Oakbrook Terrace, IL 60181
Office (630) 570-2200
Steven.Weinstock@MarcusMillichap.com
License: 471.011175
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services of Nevada, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAH0370017)
