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480 E Lincoln Hwy 281,847 SF 100% Leased Industrial Building Chicago Heights, IL 60411 $15,215,528 CAD ($53.99 CAD/SF)
INVESTMENT HIGHLIGHTS
- 2.07 acres of additional land for trailer parking/truck parking or outside storage
- Site may be paved, fenced, lit and/or gated
- 55 potential trailer positions
EXECUTIVE SUMMARY
72,712 SF Available for Lease
Site Size 12.63 Acres
Additional land for outside storage or trailer/truck parking
Office Size Unit 1: +/- 4,000 SF
Unit 2: +/- 1,000 SF
Ceiling Height 22’ clear
Docks 16 exterior
Drive-in Doors 3 DID
Lighting: LED motion sensor
Power: Unit 1: +/- 1,000a/480v
Unit 2: 600a/480v
Sprinkler: ESFR
Year Built 1963
Lease Price $7.95/SF Gross
Sale Price $10,900,000
PROPERTY FACTS
| Price | $15,215,528 CAD | Rentable Building Area | 281,847 SF |
| Price Per SF | $53.99 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1963 |
| Property Type | Industrial | Clear Ceiling Height | 22’ |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 16 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 12.60 AC | Opportunity Zone |
Yes
|
| Zoning | M2 - Heavy industrial Zone | ||
| Price | $15,215,528 CAD |
| Price Per SF | $53.99 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 12.60 AC |
| Rentable Building Area | 281,847 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 16 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | M2 - Heavy industrial Zone |
UTILITIES
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Manufacturing
- -
- -
- -
Gerresheimer is the global go-to partner for medicine packaging, drug delivery devices and solutions with the broadest product range for pharma, health, well-being and biotech, bringing every kind of medicine safely, reliably and conveniently to the patient. Customers and partners from all over the world approach them with new challenges. Gerresheimer is a solution provider with the absolute will to deliver, from the concept up to the final product. Gerresheimer is driven to achieve ambitious goals through a high level of expertise, a focus on quality and the purpose of what they do. Thanks to the involvement of a comprehensive international network and industrial competence, Gerresheimer knows the markets and develop innovative and sustainable solutions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Manufacturing | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Total Building Size 281,847 SF - 66% Leased Available for Lease or Sale as a condo 72,712 SF Site Size 12.63 Acres Office Size Unit 1: +/- 4,000 SF Unit 2: +/- 1,000 SF Ceiling Height 22’ clear Docks 16 exterior Drive-in Doors 3 DID Lighting: LED motion sensor Power: Unit 1: +/- 1,000a/480v Unit 2: 600a/480v Sprinkler: ESFR Year Built 1963 Lease Price $7.95/SF Gross Sale Price $10,900,000
| Space | Size | Space Use | Condition | Available |
| 1st Fl - Unit 1 | 72,712 SF | Industrial | Partial Build-Out | 30 Days |
1st Fl - Unit 1
| Size |
| 72,712 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
1st Fl - Unit 1
| Size | 72,712 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | 30 Days |
Total Building Size 281,847 SF - 66% Leased Available for Lease or Sale as a condo 72,712 SF Site Size 12.63 Acres Office Size Unit 1: +/- 4,000 SF Unit 2: +/- 1,000 SF Ceiling Height 22’ clear Docks 16 exterior Drive-in Doors 3 DID Lighting: LED motion sensor Power: Unit 1: +/- 1,000a/480v Unit 2: 600a/480v Sprinkler: ESFR Year Built 1963 Lease Price $7.95/SF Gross Sale Price $10,900,000
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,427,102 CAD | |
| Land Assessment | $416,292 CAD | Total Assessment | $1,843,394 CAD |
PROPERTY TAXES
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480 E Lincoln Hwy
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