The property in question is a vacant 5,200-square-foot industrial space situated on 0.91 acres of land. This industrial property features metal construction and has a clear height of 14’ to 18’, making it suitable for various industrial uses that require ample storage and working space. The property also includes three grade-level doors, one of which is a drive-through repair bay, providing easy access and versatility. The property’s layout and design allow for efficient use of space, making it a valuable asset for potential buyers or tenants. With a building coverage ratio of 13 percent, the property provides ample room for parking and outdoor storage.
The property is zoned as 9-6-2, making it suitable for a variety of industrial activities such as truck repair, contractor storage, or fleet maintenance. Proximity to East Main Street and South Rand Road makes the property easily accessible and provides convenient access to major transportation routes. Located in South Lake, the property benefits from a strong submarket with a vacancy rate of 5.9 percent and annual rent growth of 4.2 percent in Q1 2026, outperforming national averages of 7.8 percent vacancy and 1.4 percent rent growth (CoStar, based on top 50 metros, classes A, B, & C, and minimum 10,000 square feet). This indicates a strong demand for industrial space in the area and a positive outlook for the local economy.
BROKER OF RECORD
STEVEN WEINSTOCK
Illinois Broker of Record
One Mid America Plaza, Suite 200
Oakbrook Terrace, IL 60181
Tel: (630) 570-2200
Steven.Weinstock@MarcusMillichap.com
License: 471.011175
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