REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,449,000
Est. payment | /mo
22,000 SqFt
$ 1,449,000
Est. payment | /mo
22,000 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 22,000 sqft
Price per Sqft $65
MLS Listing ID 12648338
Year Built 1980
Annual Tax Amount $70,764
Tax Year 2024
Lot Size 1.070 Acres
Lot Dimensions 300x200x155
Property Sub-Type Industrial
Property Description
A rare opportunity to own a well-located, income-producing industrial asset in the Chicago South Suburbs! This industrial property offers approximately 22,000 SF of flexible space on a generous 46,609 SF lot with 40+ parking spaces. Solid brick building east (approx. 14,000 sf) concrete, and concrete block construction, and partial brick/steel building west (8,000 sf), steel roof. The property is ideally suited for warehouse/distribution, manufacturing, food/beverage, office/research, flex, and other commercial/industrial uses. The features include central air conditioning, 3-phase power, full utilities on site (electric, gas, water, sanitary), 16' clear height, accessible entrances along Wireton Road, and every unit has an overhead door. The site provides excellent visibility and accessibility in the South Suburban commercial business district, near major roadways and businesses. The rental income has significant upside from future rent increases to market and from leasing the existing vacancies. Income assumes full occupancy. This is a true "armchair" investment-perfect for 1031 exchange buyers or owner-users. The original owners occupied a portion of the building for over 40 years and are now retired and motivated to sell. This turnkey property in a good industrial market offers immediate cash flow, long-term appreciation potential, and flexibility for a wide range of business operations. Bring all offers; investors and owner-users are encouraged to act quickly.
Location
State IL
County Cook
Area Blue Island
Zoning COMMR
Interior
Cooling Central Air, Office Only
Flooring Carpet, Concrete, Tile, Varies, Vinyl
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Cable Available
Roof Type Membrane
Building
Dwelling Type Industrial
Structure Type Brick,Concrete,Block,Steel Siding
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Charles Groebe of Coldwell Banker Realty
Nearby Locations
Helping buyers and sellers move with convidence