

12521-12531 W. Horseshoe Drive
Industrial | 4.39% CAP | 12,523 SqFt
Marketing description
Positioned in the thriving New Lenox industrial corridor, this premium commercial property at 12520-12531 W. Horseshoe Drive offers a rare, fully leased investment opportunity with stable cash flow from five fire-walled tenant spaces. Built to last with full solid masonry construction to roof, 5/8" drywalled ceilings and finishes, and a durable metal roof, with unit heaters and floor drains in each unit plus a 14x14' overhead door. The facility features ample parking, a professional built-out office space in Unit 12525, and convenient half-baths in every warehouse unit. Maximizing its operational utility units 12521 and 12531 include massive 14' x 14' drive-in doors on both sides of the unit, while Unit 12531 stands out with a unique city-approved Special Use Permit that allows for a fully finished second-floor live/work apartment complete with a private deck, see floor plans in Documents. Upgraded power to all units with 3-phase, 208V. Addresses are established to allow for future industrial condos.
Investment highlights
- 12,523 SF masonry industrial building
- 5 units, 100% leased
- Built in 2005, tenant improvements 2025-2026
- Zoned I-1
- Proforma Cap Rate 5.35%
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