South Holland Industrial for Sale - Near South Cook
MoHall Commercial & Urban Development proudly presents a rare opportunity to acquire a historic industrial manufacturing facility strategically located within the Chicago Southland industrial market. Situated at 15300 Greenwood Road in South Holland, Illinois, this approximately 18,000-square-foot multi-story industrial building is positioned on a 24,437-square-foot (0.56-acre) industrial site and offers a unique combination of heavy manufacturing infrastructure, warehouse functionality, redevelopment potential, and access to one of the nation's most important transportation and logistics networks.
Originally constructed as a purpose-built industrial facility, the property features authentic heavy timber and brick construction that would be extraordinarily expensive to replicate in today's market. The building's historic industrial architecture is complemented by functional operational infrastructure including a freight elevator, multiple truck-loading positions, drive-in access, warehouse space, open production floors, and 120/480-volt 3-phase electrical service. The property provides the type of industrial functionality increasingly sought by manufacturers, fabricators, contractors, distributors, logistics operators, woodworking companies, machine shops, packaging businesses, assembly operations, and owner-users seeking a long-term headquarters location.
The facility's multi-level design provides exceptional flexibility for manufacturing, production, warehousing, inventory storage, equipment staging, distribution, and specialized industrial operations. Large open floor plates, exposed heavy timber framing, industrial hardwood flooring, masonry construction, and freight elevator access create a highly functional environment capable of supporting a wide range of industrial uses. The building's freight elevator system allows efficient movement of materials and inventory between levels, while the loading infrastructure supports day-to-day operational efficiency for businesses requiring shipping, receiving, storage, and production capabilities.
A significant advantage of the property is its existing industrial utility infrastructure. The building is equipped with 120/480-volt 3-phase electrical service, making it attractive for power-intensive manufacturing, fabrication, machining, printing, woodworking, welding, assembly, packaging, and industrial processing operations. Existing HVAC improvements and updated electrical components provide a strong foundation for owner-users seeking to occupy and modernize the facility without incurring the substantial costs often associated with upgrading older industrial buildings.
The rear warehouse component includes two overhead doors and loading capabilities that support contractor operations, warehouse storage, equipment distribution, material handling, and logistics-related uses. Combined with the freight elevator and loading infrastructure, the property provides functionality that is difficult to find within industrial buildings of comparable size and price point throughout the Chicago metropolitan area.
Location remains one of the property's most compelling attributes. South Holland has long been recognized as a strategic location for industrial and logistics users due to its proximity to the intersection of several major interstate transportation corridors. The property offers convenient access to Interstate 294, Interstate 94, Interstate 80, Interstate 57, and the broader Chicago regional highway system, allowing businesses to efficiently serve customers throughout Illinois, Indiana, Wisconsin, and the Midwest. The location also benefits from connectivity to major freight routes, intermodal facilities, rail-served industrial districts, and distribution hubs that have helped establish Chicagoland as one of the premier logistics and manufacturing markets in North America.
The property is located approximately 10 miles from the Indiana state line, approximately 20 miles from Downtown Chicago, approximately 25 miles from Midway International Airport, and approximately 40 miles from O'Hare International Airport. This strategic positioning provides convenient access to labor, transportation infrastructure, suppliers, customers, and regional distribution networks that support a wide variety of industrial operations.
Beyond its appeal to owner-users, the property presents a compelling redevelopment and value-add opportunity for investors and developers. Industrial vacancy remains constrained throughout many Chicago submarkets, while construction costs continue to challenge new development economics. The combination of industrial zoning, heavy timber construction, freight elevator access, utility infrastructure, loading facilities, and proximity to major transportation corridors creates multiple pathways for future value creation. Potential strategies include industrial modernization, adaptive reuse, creative industrial conversion, contractor condominium development, multi-tenant industrial occupancy, flex industrial repositioning, warehousing, manufacturing, or specialized industrial redevelopment.
