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Manufacturing Opportunity | Redevelopment 80-90 North St

123,600 SF Vacant Industrial Building Park Forest, IL 60466 £5,281,538 (£43/SF)

Investment Highlights

  • ±80,116 SF - Industrial and Cold Storage Warehouse ±23,000 SF -Two-Story Office with Executive Suites
  • New Transformer Heavy Power | 2,000 amp | Ceiling Height 16’ to 24’
  • Partial Storage Basement with DID
  • Keystone Property Tax Code | Incentives | New Fire Panel | Floor Drains Throughout
  • 3 Drive-in doors | Fenced Lot | 2 Exterior Docks and 5 Interior Docks
  • New 2,000 amp Transformer | 3-Phase

Executive Summary

SVN Chicago Commercial is pleased to present 80-90 North Street a ±123,000 SF Warehouse/Manufacturing, Office and Industrial Business Park on approximately 7.50 acres in Park Forest available for purchase. A former Food Manufacturing facility with many potential industrial uses. The offering contains a mix of office space, cold storage, and industrial warehouse spaces. Capital improvements are needed. Zoned for Cold Storage, Food Production and Cannabis Craft Grow uses. Priced below replacement cost and Seller Financing Available.

Attachments

Sale Brochure

Property Facts

Price £5,281,538
Price Per SF £43
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Refrigeration ColdStorage
Building Class C
Lot Size 7.50 AC
Rentable Building Area 123,600 SF
Number of Floors 2
Year Built/Renovated 1960/2001
Parking Ratio 0.4/1,000 SF
Clear Ceiling Height 16 ft
No. Dock-High Doors/Loading 7
Level Access Doors 3

Amenities

  • Cooler
  • Fenced Lot
  • Floor Drains
  • Freezer (Space)
  • Signage
  • Air Conditioning

Utilities

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

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - Full Building
  • 5,000-123,600 SF
  • Industrial
  • -
  • Now

+/- 80,116 SF Warehouse | Manufacturing Space Cold Storage and +/- 4,000 SF Freezer Space +/- 23,000 SF Executive Offices | Two Story Ceiling Height 16'-24' Column Free 5 Interior Docks | 2 Exterior Docks Trailer Parking | Signalized Corner Wet Sprinkler System | Floor Drains 2,000 Amp, 3-Phase, 480 V

Space Size Space Use Condition Available
1st Fl - Full Building 5,000-123,600 SF Industrial - Now

1st Fl - Full Building

Size
5,000-123,600 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - Full Building

Size 5,000-123,600 SF
Space Use Industrial
Condition -
Available Now

+/- 80,116 SF Warehouse | Manufacturing Space Cold Storage and +/- 4,000 SF Freezer Space +/- 23,000 SF Executive Offices | Two Story Ceiling Height 16'-24' Column Free 5 Interior Docks | 2 Exterior Docks Trailer Parking | Signalized Corner Wet Sprinkler System | Floor Drains 2,000 Amp, 3-Phase, 480 V

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 31-25-200-011-0000
  • 31-25-200-009-0000
Land Assessment
£112,099
Improvements Assessment
£212,625
Total Assessment
£324,725

zoning

Zoning Code M-2 (Cold Storage | Craft Grow | Food Production)
M-2 (Cold Storage | Craft Grow | Food Production)
  • Listing ID: 32013602

  • Date on Market: 04/06/2024

  • Last Updated:

  • Address: 80-90 North St, Park Forest, IL 60466

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