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46 Acres for Industrial / Retail 1754 E Joe Orr Rd

16,300 SF Industrial Building Lynwood, IL 60411 £3,051,555 (£187/SF)

Investment Highlights

  • M-2 Industrial Site Ready for Development / TIF & Class 8 Available
  • Seller will Leaseback Buildings for up to 1 year while you develop the land
  • Easy access to Expressway less than 15 minutes to I-80 / I-94

Executive Summary

46.81 Acres Zoned M-2 for Truck Parking, Truck Terminal, Warehouse,
Truck Repair, Industrial Manufacturing, Retail-Commercial Sales & More
Property has New Warehouse 12,300 sf
Several Out Buildings Totaling 4,000sf
New TIF and Class 8 are also on the table.
Current use retail sales of Flower and Vegetables
Green Houses are Negotiable.
Sale of property contingent upon Seller securing new location.
Seller Lease back open for discussion thru 2024
Acres: 46.8 +/- Dimensions 781’ x 2,609’ / 2,039,243
Zoned: M-2 Real Estate Tax : $46,745.00 3 Phase Electric on site
Easy Expressway access, Large Gravel Yard, Gas, Electric,
2-Wells & Septic, 3 Curb Cuts
AREA DESCRIPTION: 30minutes south of Chicago 7 minutes I-80 . Lots of new development for Industrial use on the rise.

Taxes & Operating Expenses (Actual - 2022)

Annual Annual Per SF
Taxes £36,576 £2.24
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2022)

Taxes
Annual £36,576
Annual Per SF £2.24
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £36,576
Annual Per SF £2.24

Property Facts

Price £3,051,555
Price Per SF £187
Sale Type Owner User
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Garden Centre
  • Industrial Food Processing
  • Industrial Truck Terminal
Building Class C
Lot Size 20.53 AC
Rentable Building Area 16,300 SF
Number of Floors 1
Year Built 2023
Tenancy Single
Clear Ceiling Height 15 ft
Level Access Doors 3

Utilities

  • Gas - Natural
  • Water - Well
  • Sewer - Septic Field
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-13-300-004-0000
Land Assessment
£3,521 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£3,521 (2024)
Annual Taxes
£36,576 (£2.24/sf)
Tax Year
2022 Payable 2023

zoning

Zoning Code M-2 (M-2 Industrial)
M-2 (M-2 Industrial)
  • Listing ID: 30275055

  • Date on Market: 04/12/2023

  • Last Updated:

  • Address: 1754 E Joe Orr Rd, Lynwood, IL 60411

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