6400 Canal Bank Rd - Industrial LAND FOR SALE


Forest View, IL 60402 407,722 SF
$7,900,000 USD
708-906-0270
6400 Canal Bank Rd, Forest View, IL for Sale
$7,900,000 USD
Industrial LAND - FOR SALE
1/5
407,722 SF

6400 Canal Bank Rd
Forest View, IL 60402


HIGHLIGHTS

  • Water Access Direct frontage on the Chicago Sanitary and Ship Canal
  • Zoning/Usage Industrial Outdoor Storage / Truck Parking
  • Annual Gross Income: +/- $650,000 (Current) Subject to confirmation
  • Current Use: Industrial outdoor storage (IOS), truck parking, and multi-tenant leasing.
  • Location Advantage: Exceptional proximity to the I-55 corridor and Harlem Avenue, providing rapid transit access to the Chicago metropolitan area.

OVERVIEW

Investment Opportunity: 6400 West Canal Bank Road Premier Industrial Yard & Income-Producing Site | Forest View, IL Located near the high-traffic intersection of I-55 and Harlem Avenue, this unique industrial asset offers a rare combination of immediate cash flow and significant long-term utility. Situated along the Chicago Sanitary and Ship Canal, the property provides expansive acreage suited for heavy industrial use, logistics, and truck parking. Property Overview Address: 6400 West Canal Bank Road, Forest View, Cook County, IL Total Site Area: Approximately 9.36 ± Acres (combined parcels). Parcel 1: 2.21 Acres Parcel 2: 7.15 ± Acres Annual Gross Income: +/- $650,000 (Current) Current Use: Industrial outdoor storage (IOS), truck parking, and multi-tenant leasing. Location Advantage: Exceptional proximity to the I-55 corridor and Harlem Avenue, providing rapid transit access to the Chicago metropolitan area. Key Investment Highlights High Revenue Generation: The site currently generates substantial annual income of approximately $650,000 through diverse leasing arrangements. Flexible Tenancy: The property features multiple tenants with a mix of lease terms, including month-to-month agreements, offering an investor immediate flexibility for redevelopment or rent optimization. Strategic Industrial Location: Positioned between the BNSF Railway and the Chicago Sanitary and Ship Canal, the site is ideal for businesses requiring multimodal logistics support. Critical Infrastructure: The site is improved with various industrial features, including: Large-scale truck parking and equipment storage areas. The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/ACRE

$844,016/AC

PRICE/SF

$19 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

I-55 & Harlem

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial

LAND ACRES

9.36 AC

LAND SF

407,722 SF

OFFSITE IMPROVEMENTS

-

ZONING

I

APN/PARCEL ID

09-07-200-014-0000,19-18-100-073-0000

ASK ABOUT THIS PROPERTY

Peter PoulosPeter J. Poulos Real EstateMore Info
708-906-0270

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Peter PoulosPeter J. Poulos Real EstateMore Info
708-906-0270

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