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16500 Vincennes Avenue 16500 Vincennes Ave 101,152 SF Industrial Building South Holland, IL 60473 $18,675,325 CAD ($184.63 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Value-Add Opportunity Offered Well Below Replacement Cost
  • In Demand Facility in a Dense Industrial Corridor
  • Strategic Hub for High-Volume Distribution

EXECUTIVE SUMMARY

This property delivers an efficient layout designed for high volume logistics and streamlined distribution operations. With direct transportation access, below market-rate leases at $10/SF, and pricing below replacement cost at $182. It offers immediate value and long-term stability, which is a rare opportunity to secure a top-tier facility at an attractive entry point. Strategic Hub for High-Volume Distribution – With over 100,000 square feet of industrial space on a 5.54-acre lot, the property offers ample room for high-volume storage and efficient logistics operations. Its industrial zoning supports warehousing and freight activities, while the site’s proximity to major transportation corridors, including I-94 and I-80, ensures quick access to regional and national markets. The expansive layout allows for flexible racking systems, loading docks, and advanced inventory management technology, making it perfectly suited for businesses seeking to optimize supply chain performance and reduce delivery times.
With over 100,000 square feet of industrial space on a 5.54-acre lot, the property offers ample room for high-volume storage and efficient logistics operations. Its industrial zoning supports warehousing and freight activities, while the site’s proximity to major transportation corridors, including I-94 and I-80, ensures quick access to regional and national markets. The expansive layout allows for flexible racking systems, loading docks, and advanced inventory management technology, making it perfectly suited for businesses seeking to optimize supply chain performance and reduce delivery times.
The Class 6b program that is currently in place offers substantial property tax savings for industrial projects involving new construction, major rehabilitation, or re-occupancy of abandoned sites. Approved properties enjoy a reduced assessment rate—10% for 10 years, then 15% and 20%—compared to the standard 25%, delivering long-term financial benefits. Renewable and supported by programs like SER and CEERM, Class 6B targets high-vacancy areas, older buildings, and projects that create or retain jobs, making it a
powerful tool for growth and economic recovery.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $18,675,325 CAD
Price Per SF $184.63 CAD
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Service
Building Class B
Lot Size 5.54 AC
Rentable Building Area 101,152 SF
No. Stories 1
Year Built 2018
Tenancy Single
Clear Ceiling Height 21’6”
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 12
Opportunity Zone Yes
Zoning Industrial - Light Industrial South Holland

AMENITIES

  • Fenced Lot
  • Floor Drains
  • Front Loading
  • Skylights
  • Reception
  • Storage Space

UTILITIES

  • Lighting
  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-21-117-010-0000
Land Assessment
$82,488 CAD
Improvements Assessment
$393,904 CAD
Total Assessment
$476,392 CAD
  • Listing ID: 38803940

  • Date on Market: 2025-12-17

  • Last Updated:

  • Address: 16500 Vincennes Ave, South Holland, IL 60473

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