23040 W Eames St 21,741 SF 100% Leased Industrial Building Channahon, IL 60410 $5,999,999 ($275.98/SF) 4.94% Cap Rate

Hello Investors,
Are you looking for a lucrative investment in the industrial real estate market? Look no further! This prime property at 23040 W Eames St, Channahon, IL 60410-3149, presents a unique and highly attractive opportunity for savvy investors.
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.