15300 Greenwood Road,South Holland, IL 60473
South Holland, IL 60473
Description
Industrial owner-users, manufacturers, contractors, fabricators, logistics companies, and warehouse operators will immediately recognize the value offered by this rare industrial facility located at 15300 Greenwood Road in South Holland, Illinois. Situated on a 24,437 square foot (0.56-acre) industrial site, this approximately 18,000 square foot multi-story manufacturing and warehouse facility offers a combination of features that are increasingly difficult to find throughout the Chicago industrial market. Originally constructed as a purpose-built industrial building, the property retains many of the characteristics sought by modern industrial users, including heavy timber construction, freight elevator service, loading docks, drive-in access, open production areas, warehouse space, and substantial electrical infrastructure. The building's historic brick and timber construction creates an exceptionally durable industrial asset capable of supporting a wide variety of manufacturing, fabrication, assembly, warehouse, storage, distribution, contractor, and industrial service operations. Large open floor plates, exposed heavy timber framing, industrial hardwood floors, and freight elevator connectivity between levels provide flexibility for users requiring production space, inventory storage, equipment staging, or multi-level operations. A significant advantage of the property is its existing industrial infrastructure. The facility is equipped with 3-phase electrical service and 120/480-volt power capability, making it attractive to manufacturing users, machine shops, woodworking operations, fabrication businesses, contractors, packaging companies, printing operations, light industrial users, and businesses operating power-intensive equipment. Existing electrical upgrades and HVAC improvements further reduce the capital investment required for a new owner to occupy and modernize the facility. The rear warehouse addition enhances operational efficiency with two overhead doors, loading capabilities, and convenient access for deliveries, inventory movement, equipment storage, and contractor operations. The property's loading infrastructure and freight elevator system allow materials and products to move efficiently throughout the building while supporting warehouse and industrial uses that require vertical storage and production capacity. Location remains one of the property's strongest competitive advantages. Positioned within South Holland's established industrial corridor, the property offers convenient access to Interstate 294, Interstate 94, Interstate 80, Interstate 57, Halsted Street, Dixie Highway, and the broader Chicago transportation network. Businesses operating from this location benefit from efficient access to the City of Chicago, the South Suburban industrial market, Northwest Indiana, O'Hare International Airport, Midway International Airport, intermodal facilities, major freight routes, and one of the nation's largest concentrations of manufacturing and distribution companies. The surrounding industrial market continues to experience strong demand from owner-users seeking alternatives to rising lease rates and limited industrial inventory. This property presents a compelling opportunity for businesses seeking to establish a long-term headquarters while building equity in a strategically located industrial asset. Potential uses include manufacturing, fabrication, contractor headquarters, building trades, electrical contractors, plumbing contractors, HVAC contractors, warehouse operations, logistics support, e-commerce fulfillment, industrial storage, equipment distribution, woodworking operations, packaging, assembly, production, and specialty industrial applications. For investors and developers, the building offers substantial value-add potential.
Details
| MLS # | 12745933 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 41 |
| Listing Provided By | MoHall Commercial & Urban Development | Moses Hall |
Features
| SQ Feet | 18,000 |
|---|---|
| Story(s) | 3 |
| Zoning | INDUS |
| Acreage | 0.56 |
Interior
| Cooling | Central Air |
|---|
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Construction Materials | Brick, Block |
Utilities
| Electric | Circuit Breakers, Service - 101 to 200 Amps, Power - 120V |
|---|
Taxes
| Tax Year | 2024 |
|---|
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | South Holland |
| Zip Code | 60473 |
| Area | South Holland |
| Listing VS Median (in 60473) | |
Price: $400,000 low | high Med: $234,900 sqft: 18,000 low | high Med: 1,200 $ / sqft: $22 low | high Med: $196 On site: 41 low | high Med: 39 | |
Market Activity 60473
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | South Holland |
| Zip Code | 60473 |
| Area | South Holland |
| Listing VS Median (in 60473) | |
Price: $400,000 low | high Med: $234,900 sqft: 18,000 low | high Med: 1,200 $ / sqft: $22 low | high Med: $196 On site: 41 low | high Med: 39 | |