21750 Main St - Warehouse FOR SALE


Matteson, IL 60443
$1,800,000 USD
972-755-5223
21750 Main St, Matteson, IL for Sale
$1,800,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

21750 Main St
Matteson, IL 60443


HIGHLIGHTS

  • Three Building 45,706-Square-Foot Shallow-Bay Industrial Park Situated on 3.86 Acres
  • Featuring 20 Units with 32 Drive-In Doors, 10’-16’ Clear Height, Wet Sprinkler System, & Metal Construction
  • 27% Building Coverage Ratio Provides Ample Parking & Outside Storage for Variety of Tenant Needs
  • 87% Occupied at Average of $6.33 Per Square Foot Annually, Creating Value-Add Lease-Up Opportunity | Priced Well-Below Replacement Costs
  • Situated in Far South Cook Submarket with Outperforming Fundamentals: 2.2% Vacancy & 5.2% Rent Growth
  • Strategically Located in Proximity to I-57 & U.S. Route 30 | Eligible for Lower Property Taxes via Cook County’s Class 8 Tax Incentive

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stawicki Industrial Park

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

32

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.86

LAND SF

168,142

ZONING

I-1

APN/PARCEL ID

31-26-119-019-0000

ASK ABOUT THIS PROPERTY

Adam AbushagurMarcus & MillichapMore Info
972-755-5223

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Adam AbushagurMarcus & MillichapMore Info
972-755-5223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.