1754 Joe Orr RdLynwood, IL 60411

For Sale
$3,900,000

Prime IL location, 12,300 SF warehouse

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 46.81-acre industrial property in Ford Heights, Illinois, presents a unique redevelopment opportunity. Located just 30 minutes south of downtown Chicago and conveniently near I-80, this site boasts a 12,300 square foot warehouse built in 2023, along with four additional buildings totaling 4,000 square feet. The property is zoned M-2, allowing for a variety of uses including truck terminals, warehouses, truck repair facilities, and retail-commercial sales. New Tax Increment Financing (TIF) and Class 8 incentives are available, making this an attractive investment. The existing 12,300 square foot warehouse features a 16-foot ceiling height. The property also includes a large gravel yard, three curb cuts, three-phase electric, gas, and two wells with septic. The asking price is $3,900,000, with a land value of $2.45 per square foot. The current use is retail sales of flowers and vegetables, with greenhouses negotiable. The sale is contingent upon the seller securing a new location. A seller leaseback is open for discussion through June 2025 on approximately 8 acres. This property offers excellent access to major expressways and is situated in a rapidly developing industrial area. The property's dimensions are approximately 781 feet by 2,609 feet. Real estate taxes are $46,745.00 annually. The property is held in trust and is available for owner/user investment, specifically suited for redevelopment or truck-related businesses. The occupancy date is December 13, 2024.

Highlights

  • 46.81-acre industrial property in Ford Heights, IL, 30 minutes south of Chicago, near I-80.
  • Includes a 12,300 SF warehouse (2023 construction) and 4 additional buildings totaling 4,000 SF.
  • M-2 zoning allows for various uses, including truck terminals and warehouses.
  • New TIF and Class 8 incentives available; $3,900,000 asking price ($2.45/SF land value).
  • Seller leaseback possible through June 2025 (approx. 8 acres); occupancy December 13, 2024.

Property Details for 1754 Joe Orr Rd

Property type
Other warehouses, Other land
Square Feet
12,300 SF
Year Built
2023
Buildings
4
Stories
1
Lot Size (sq. ft)
2,039,044 SF
Units
7

Location Insight

City
Lynwood
County
Cook
State
Illinois
Latitude
41.5205591
Longitude
-87.5738402
1754 Joe Orr Rd, Lynwood, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1754 Joe Orr Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message