23040 W Eames St, Channahon, IL 60410

Property Highlights

Strategic Location: Located near Union Pacific Rail Terminals, this property offers excellent connectivity for industrial operations.

Ample Space: Spread over 6.16 acres of newly paved industrial outdoor storage, providing extensive space for various industrial needs.

Investment Potential: With current tenants on short-term leases and rents below market rates, there is significant potential for value growth.

High Barrier Submarket: Situated in a submarket with high entry barriers and a low vacancy rate of just 5.3%, making it a rare and valuable opportunity.

Convenient Access: Easy access to the property via the nearby I-55 exit ensures seamless logistics and transportation.

Why Invest?

Value Growth Opportunity: Leases are currently below market rates, offering room for rental income increase.

High Demand Area: With low vacancy rates in the submarket, industrial properties are in high demand.

Diverse Portfolio: The mix of residential and commercial spaces enhances the property's investment appeal.

Strategic Positioning: Proximity to major rail terminals and highway access makes this an ideal location for industrial operations.

Additional Features

Zoning: Suitable for a variety of industrial and commercial uses.

Tenant Flexibility: Current tenants on short-term leases provide flexibility for new owners to negotiate higher rents.

Development Potential: The newly paved storage area is primed for further development or expansion.