Commercial Real Estate in Morris available for sale
Morris Life Science Properties For Sale

Life Science Properties for Sale within 50 kilometers of Morris, IL, USA

More details for 725 Oakridge Dr, Romeoville, IL - Industrial for Sale

725 Oakridge Dr

Romeoville, IL 60446

  • Life Science
  • Industrial for Sale
  • $3,931,046 CAD
  • 11,500 SF
  • Air Conditioning
  • Smoke Detector

Romeoville Industrial for Sale - Joliet/Central Will

CBRE, as exclusive advisor to Owner, is pleased to present the opportunity to acquire the fee-simple interest in a ± 11,500 SF single tenant NNN leased industrial lab property, 100% leased to Intertek (OTCMKTS: IKTSY), a publicly traded British multinational assurance, inspection, product testing, and certification (AITC) company with 2024 annual revenues of $4.34 B (USD). The subject site is a mission critical “Energy & Commodities Testing Center (Lab)” for Intertek which services numerous major corporate customers such as Exxon, BP, Citgo, Chicago Transit Authority, and Chevron facilities located in the trade area. The subject site is located within the thriving “Far West Suburbs” industrial submarket of Chicago which boasts a low vacancy rate of only 2.6% as of Q2 2025 (Source: CBRE Research). Investment Highlights HIGHLY SECURED NNN LEASE WITH TERM | PUBLICLY TRADED “BLUE CHIP” CREDIT $4.34 BILLION IN ANNUAL REVENUE (2024) — The corporate signature NNN lease features over 5.6 years of term remaining (as of March 1, 2026 analysis start date), with attractive two percent (2%) annual rental increases throughout the primary term and two (2) five (5) year options resulting in a highly secured long term income stream and excellent hedge against inflation “MISSION CRITICAL” LAB / TESTING CENTER SERVICING MAJOR CUSTOMERS IN TRADE AREA — The property was constructed in 2005 as a Build to Suit for Intertek. The site was strategically selected as a relocation from the Midway area of Chicago. Intertek specifically selected the Romeoville location for a multitude of factors including its immediate proximity to substantial customers such as Citgo, Exxon, and BP. — The subject location is a lab for testing oil, gas, butane, petcoke, and crude oil samples. Key nearby customers include producers such as Exxon, BP, Citgo, Chicago Transit Authority, and Chevron. STICKY TENANT | STRONG HISTORICAL OCCUPANCY W/ MULTIPLE RENEWALS AND CAP-EX INVESTMENT — In addition to renewals, Intertek has also invested substantial cap-ex into the building, including a $200,000+ in their lab space. In combination, Intertek’s investments into physical infrastructure and multiple renewals demonstrate their strong commitment to the subject site. CENTRAL LOCATION WITHIN THRIVING “WEST SUBURBS” CHICAGO SUBMARKET – LOW VACANCY — The subject property is centrally located directly off IL-53, a major north-south arterial highway which provides convenient access to I-355 and I-55 connecting the facility to the Greater Midwest Region that it serves. — The subject site is located within the thriving “Far West Suburbs” industrial submarket of Chicago which boasts one of the lowest vacancy rates of any Chicago submarket at only 2.6% as of Q2 2025 (Source: CBRE Research).

Contact:

CBRE

Property Subtype:

Service

Date on Market:

2025-12-05

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More details for 1225 E Washington St, Joliet, IL - Flex for Sale

Office Space/ Training Center - 1225 E Washington St

Joliet, IL 60433

  • Life Science
  • Flex for Sale
  • $5,343,702 CAD
  • 36,500 SF
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More details for 6.5± AC, Sugar Grove, IL - Land for Sale

6.5 Acres - 6.5± AC

Sugar Grove, IL 60554

  • Life Science
  • Land for Sale
  • $1,233,162 CAD
  • 6.50 AC Lot
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Life Science Properties For Sale

Life Science Properties

Life Science Buildings for Sale or Lease

Life science properties are a type of commercial property that is commonly used by biotech companies to house lab equipment and research. They are also seen in medical facilities, universities, and manufacturing. There are different types of life science buildings for sale or lease available so you can decide if this would be a good investment for your business.

Life Science Buildings For Sale Or Lease: What Are The Different Types?

Life science buildings are a major investment for any company, and they can be categorized into three different categories: office space, laboratory space, or manufacturing spaces.

  • Office spaces offer the most flexibility to companies who work on many different types of tasks because it has more room for expansion in the future.
  • Lab facilities provide hands-on experience with equipment that is often difficult to get outside of an academic setting, including clean rooms.
  • Manufacturing spaces hold machinery such as autoclaves, centrifuges and other lab equipment required for scientific research and drug or medical manufacturing.

Looking to lease a Life Science? View Life Science Properties for lease