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3301 Wireton Road

~280,000 SF Blue Island, IL, Industrial Warehouse

RealINSIGHT Marketplace and NKF Capital Markets are pleased to present the opportunity to acquire the fee-simple interest in 3301 Wireton Road, an Industrial Center in Blue Island, Illinois.

The property consists of a 68% leased, 281,254 SF building on ~14 acres featuring 18’-34’ ceiling heights, heavy power, 20 loading docks and 6 drive-ins. Its unique high-cube design attracts both warehouse and manufacturing tenants.

 

INVESTMENT HIGHLIGHTS

Strategic LocationLocated within close proximity of I-294, a major north-south highway running adjacent to Chicago, as well as Rte. 27, which provides direct access to Downtown Chicago. This convenient location is ideal for commercial vehicles commuting in and around the Chicago metropolitan area. The Property is also within two miles of I-57 and is 19 miles from downtown Chicago. Wireton Road and W 127th Street provide easy access to both interstates.

Value-Add Lack of new warehouse construction, 4.7% submarket vacancy and desirable location south of Chicago, off of I-294, provides the opportunity for substantial value-add through lease up of the remaining 32% vacancy.

Versatile Building Features – The building will be able to attract a large array of potential new tenants. The variable ceiling heights, heavy power and unique design would appeal to both warehouse and manufacturing occupants.

 

Auctioneer: Scott Bowers - License No. 040000273


 

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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

3301 Wireton Road Industrial

3301 Wireton Road, Blue Island, IL 60406

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Current Bid: NO BID
Starting Bid: $1,550,000
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Asset Snapshot

  • Asset Type
  • Real Estate
  • Industrial Type
  • Warehouse
  • Property Size
  • 281,254 Sq Ft
  • Ceiling Height
  • 34 Ft
  • Land Area
  • 14.20 Acres
  • Year Built
  • 1962
  • Number of Floors
  • 1
  • Number of Buildings
  • 1
  • Parking Count
  • 421
  • Occupancy
  • 67.70%
  • Occupancy as of
  • Apr 30, 2018
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.