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High exposure, multi tenant building with retail and light industrial units on LaGrange Rd. Building consists of 6 retail units and 16 industrial units providing a very diversified tenant portfolio. This 72,000 sq ft building has 14 ft high ceilings, 17 drive in doors, 6 loading dock doors and parking for more than 100 cars. Low Will County taxes provides a wonderful opportunity to attract tenants and add profit. Current cap rate of 7.5% with below market rates provides an excellent opportunity for new owner to renew leases and/or re-tenant the building with market rates providing a 10-11% cap rate. High occupancy rates and low availability for industrial spaces along the Southwest I-80 corridor makes this building an ideal investment. Signed NDA needed to see building financials.

Property Details of 19410 South La Grange Road

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Listed by Mark Wright of Baird & Warner

Based on information submitted to MRED  as of February 26, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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