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16530 Halsted St, Harvey, IL 16530 Halsted St 5,300 SF 100% Leased Industrial Building Harvey, IL 60426 For Sale
Investment Highlights
- Prime Halsted Avenue location in a high-traffic, well-established Harvey commercial corridor.
- 700-amp three-phase electrical service and dedicated warehouse RTU for power-intensive uses
- Versatile build suited for industrial, medical, retail, fitness, or flex end users
- Immediate I-80 access with quick connections to I-90, I-94, and I-294
- Single-story layout with 9'6" clear height, rear delivery ramp, and ample on-site parking
Executive Summary
This versatile industrial/flex property situated along South Halsted Avenue in Harvey, Illinois offers ±5,300 square feet of functional space on a ±22,200 SF site. The property features robust infrastructure, including 700-amp three-phase electric power, two furnaces, and a dedicated RTU for the warehouse, ensuring operational readiness for a variety of end users. Its flexible single-story layout, steel bar joist roof, and rear delivery ramp enhance efficiency for logistics and service operations.
Positioned along a major commercial corridor with daily traffic counts of approximately 23,610 on Halsted Street and immediate access to I-80, I-90, I-94, and I-294, this location provides strong regional connectivity within the Chicago metropolitan area. The property’s adaptability accommodates a wide range of potential uses, including industrial, medical, retail, and specialized operations such as therapy or fitness facilities. With a large dedicated parking lot and proximity to national retailers, employers, and transportation infrastructure, this property offers compelling investment potential for owner-users and investors targeting growth in Chicago’s South Suburban market.
Positioned along a major commercial corridor with daily traffic counts of approximately 23,610 on Halsted Street and immediate access to I-80, I-90, I-94, and I-294, this location provides strong regional connectivity within the Chicago metropolitan area. The property’s adaptability accommodates a wide range of potential uses, including industrial, medical, retail, and specialized operations such as therapy or fitness facilities. With a large dedicated parking lot and proximity to national retailers, employers, and transportation infrastructure, this property offers compelling investment potential for owner-users and investors targeting growth in Chicago’s South Suburban market.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1961 |
| Building Class | C | Clear Ceiling Height | 9’6” |
| Lot Size | 0.51 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 5,300 SF |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.51 AC |
| Rentable Building Area | 5,300 SF |
| No. Stories | 1 |
| Year Built | 1961 |
| Clear Ceiling Height | 9’6” |
| Opportunity Zone |
Yes |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $39,072 | |
| Land Assessment | $16,442 | Total Assessment | $55,514 |
Property Taxes
Parcel Numbers
Land Assessment
$16,442
Improvements Assessment
$39,072
Total Assessment
$55,514
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