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PRIME 127,000 SF LOGISTICS HUB | 6-12 ACRES | 2000 Ashley Rd 127,000 SF Industrial Building Morris, IL 60450 $8,750,000 ($68.90/SF)
Investment Highlights
- RARE OWNER FINANCING AVAILABLE: Seller offering terms with only 20% down.
- HEAVY INDUSTRIAL ZONING (M-2): Permits high-intensity uses like heavy manufacturing and intensive outdoor storage.
- EXPANSION POTENTIAL: Total site can be up to 12 acres, allowing for significant excess trailer parking or future building expansion.
- HIGHLY DIVISIBLE INDUSTRIAL FACILITY: Potential to be split into up to 3 separate units, creating immediate multi-tenant income/lease-up opportunity.
- PRIME LOGISTICS LOCATION: Direct access to I-80 corridor (3 miles) and proximity to CenterPoint Intermodal (10 miles).
- FUNCTIONAL DISTRIBUTION SPACE: 127,345 SF facility with 19' clear height, 9 Dock Doors, an
Executive Summary
PRICE REDUCTION: $8,750,000 I-80 LOGISTICS HUB | 127K SF Industrial Facility w/ M-2 Zoning. HIGHLY DIVISIBLE & SELLER FINANCING AVAILABLE (20% Down).AGGRESSIVELY PRICED OPPORTUNITY in the I-80 Logistics Corridor
The exclusive listing advisor is pleased to present the opportunity to acquire 2000 Ashley Road, a 127,345 SF industrial facility strategically positioned in the high-demand Morris, IL / I-80 submarket. This property stands out as a top value-add proposition, offering a rare combination of a functional, existing warehouse structure, significant land, and unparalleled operational flexibility.
INVESTMENT & OWNER-OPERATOR HIGHLIGHTS:
ATTRACTIVE SELLER FINANCING: Exceptional opportunity for qualified buyers! The seller is offering flexible, non-recourse owner financing terms with a minimum of 20% down payment, significantly reducing upfront capital expenditure and offering a streamlined closing process compared to conventional lending.
UNMATCHED FLEXIBILITY & VALUE: The building can potentially be split into up to three (3) individual units, offering investors the ability to execute a multi-tenant lease-up strategy, or an owner-operator the chance to occupy one portion and generate income from the remainder.
HEAVY ZONING ADVANTAGE: Featuring coveted M-2 Heavy Industrial Zoning across the entire 6-acre site (with an additional 6 acres available), this is one of the few properties in the market that can accommodate intensive uses such as outdoor storage, truck/trailer parking, and heavy manufacturing.
Logistics & Connectivity: Located less than 3 miles from Interstate 80 and just 10 miles from the CenterPoint Intermodal Center – Joliet/Elwood, the nation's largest inland port. Offers superior last-mile and regional distribution capabilities.
Functional Building Specs: The 127,345 SF facility features a 19-foot clear height, wet sprinklers, nine (9) docks, one (1) drive-in door, and ample power to meet all modern demands.
Don't miss the chance to acquire a flexible, heavy-zoned, and income-generating asset in the heart of one of the Midwest's most critical distribution hubs.
The exclusive listing advisor is pleased to present the opportunity to acquire 2000 Ashley Road, a 127,345 SF industrial facility strategically positioned in the high-demand Morris, IL / I-80 submarket. This property stands out as a top value-add proposition, offering a rare combination of a functional, existing warehouse structure, significant land, and unparalleled operational flexibility.
INVESTMENT & OWNER-OPERATOR HIGHLIGHTS:
ATTRACTIVE SELLER FINANCING: Exceptional opportunity for qualified buyers! The seller is offering flexible, non-recourse owner financing terms with a minimum of 20% down payment, significantly reducing upfront capital expenditure and offering a streamlined closing process compared to conventional lending.
UNMATCHED FLEXIBILITY & VALUE: The building can potentially be split into up to three (3) individual units, offering investors the ability to execute a multi-tenant lease-up strategy, or an owner-operator the chance to occupy one portion and generate income from the remainder.
HEAVY ZONING ADVANTAGE: Featuring coveted M-2 Heavy Industrial Zoning across the entire 6-acre site (with an additional 6 acres available), this is one of the few properties in the market that can accommodate intensive uses such as outdoor storage, truck/trailer parking, and heavy manufacturing.
Logistics & Connectivity: Located less than 3 miles from Interstate 80 and just 10 miles from the CenterPoint Intermodal Center – Joliet/Elwood, the nation's largest inland port. Offers superior last-mile and regional distribution capabilities.
Functional Building Specs: The 127,345 SF facility features a 19-foot clear height, wet sprinklers, nine (9) docks, one (1) drive-in door, and ample power to meet all modern demands.
Don't miss the chance to acquire a flexible, heavy-zoned, and income-generating asset in the heart of one of the Midwest's most critical distribution hubs.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 02-34-277-005 | Total Assessment | $1,728,782 |
| Land Assessment | $123,021 | Annual Taxes | ($127,000) (($1.00)/SF) |
| Improvements Assessment | $1,605,761 | Tax Year | 2024 |
Property Taxes
Parcel Number
02-34-277-005
Land Assessment
$123,021
Improvements Assessment
$1,605,761
Total Assessment
$1,728,782
Annual Taxes
($127,000) (($1.00)/SF)
Tax Year
2024
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PRIME 127,000 SF LOGISTICS HUB | 6-12 ACRES | | 2000 Ashley Rd
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