80-90 North St - Manufacturing FOR SALE


Park Forest, IL 60466
$5,500,000 USD
630-330-3352
80-90 North St, Park Forest, IL for Sale
$5,500,000 USD
Manufacturing - FOR SALE
1/39
null | Request Cap Rate

80-90 North St
Park Forest, IL 60466


HIGHLIGHTS

  • ±23,000 SF Two-Story Office Component with Executive Suites | ±100,600 SF Industrial & Cold Storage Facility
  • Keystone Property Tax Incentive Classification | Existing ESFR Sprinkler Infrastructure | Heavy Power Capacity for Industrial Operations
  • Integrated Floor Drain Systems Throughout Facility | Clear Heights Ranging from 16’–24’ | 2 Freight/Passenger Elevators
  • 3 Total Drive-In Doors (Interior & Exterior Access) | 7 Dock Doors Including 5 Interior Dock-High Positions | Ample On-Site Parking
  • Full Basement Level with Drive-Through Access | Secured & Fenced Site Configuration | Prominent Signalized Corner Location
  • Exceptional Visibility & Building Signage Opportunity | New 2,000 amp Transformer | 3-Phase | New Fire Panel

OVERVIEW

A rare large-scale redevelopment opportunity within Chicago’s emerging Southland industrial corridor, offering institutional-scale optionality, strong transportation access, attractive basis economics, and alignment with ongoing regional economic development initiatives. Positioned for transformation, 80–90 North Street offers a unique opportunity to acquire and reposition a substantial industrial business park asset in Park Forest, Illinois. The property consists of ±123,600 SF of office and industrial space situated on 7.0 acres, featuring existing cold storage infrastructure, food production capabilities, and functional warehouse configurations designed to support a variety of manufacturing and distribution operations. With strong infrastructure already in place and significant adaptability for future users, the property is ideally suited for industrial redevelopment, owner-user occupancy, or customized build-to-suit execution.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Refrigeration/Cold Storage, Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

7

DRIVE INS

3

PARKING SPACES

50

LAND DETAILS

LAND ACRES

7

LAND SF

304,920

ZONING

M-2

APN/PARCEL ID

31-25-200-009-0000,31-25-200-011-0000

ASK ABOUT THIS PROPERTY

Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

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

Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

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