16500 Vincennes Ave - Warehouse FOR SALE


South Holland, IL 60473
$7,950,000 USD
312-334-7201
16500 Vincennes Ave, South Holland, IL for Sale
$7,950,000 USD
Warehouse - FOR SALE
1/19
null | Request Cap Rate

16500 Vincennes Ave
South Holland, IL 60473


HIGHLIGHTS

  • 5.5 acre site - 3 building complex totaling 100,837 SF
  • For sale as full complex or buildings can be leased individually
  • 2 above ground fuel tanks with electric pumps and nozzles one 2,000-gallon diesel and one 2,000-gallon gasoline
  • 6B tax incentive renewed in 2024 - Current taxes $200,000 (entire site)

OVERVIEW

5.5 acre site with 3 buildings totaling 100,837 SF. For sale as full complex or buildings can be leased individually. All buildings have LED lighting on motion sensors, parking lots repaved in 2021 which accommodate 100 car parking spaces, and 2 above ground fuel tanks with electric pumps and nozzles. Building A is 46,695 SF, has 6,000 SF of office, 19' clear height, 2 exterior loading docks, 3 drive in doors, 40' x 50' column spacing, and 1,200 amps @ 240 V of power. Has floor drains in place and is fully heated and sprinklered. Building B is 46,667 SF (divisible to 20,167 SF), has 5 drive in doors, 22' clear height, and 400 amps @ 240 V of power. Has existing shop office and restrooms and is fully heated and sprinklered. Building C is 8,475 SF, has 2 drive in doors and 18' clear height. Is not fully heated and sprinklered.

FOR SALE DETAILS

PRICE

$7,950,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

16500 Vincennes Avenue

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

21.5 Ft

DOCKS

2

DRIVE INS

12

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.5

LAND SF

239,580

ZONING

Industrial

APN/PARCEL ID

29-21-117-010-0000

ASK ABOUT THIS PROPERTY

312-334-7201

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312-334-7201

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