Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • ±23,000 SF Two-Story Office Component with Executive Suites | ±100,600 SF Industrial & Cold Storage Facility
  • Integrated Floor Drain Systems Throughout Facility | Clear Heights Ranging from 16’–24’ | 2 Freight/Passenger Elevators
  • Full Basement Level with Drive-Through Access | Secured & Fenced Site Configuration | Prominent Signalized Corner Location
  • Keystone Property Tax Incentive Classification | Existing ESFR Sprinkler Infrastructure | Heavy Power Capacity for Industrial Operations
  • 3 Total Drive-In Doors (Interior & Exterior Access) | 7 Dock Doors Including 5 Interior Dock-High Positions | Ample On-Site Parking
  • Exceptional Visibility & Building Signage Opportunity | New 2,000 amp Transformer | 3-Phase | New Fire Panel

Executive Summary

A rare large-scale redevelopment opportunity within Chicago’s emerging Southland industrial corridor, offering institutional-scale optionality, strong transportation access, attractive basis economics, and alignment with ongoing regional economic development initiatives.
Positioned for transformation, 80–90 North Street offers a unique opportunity to acquire and reposition a substantial industrial business park asset in Park Forest, Illinois. The property consists of ±123,600 SF of office and industrial space situated on 7.0 acres, featuring existing cold storage infrastructure, food production capabilities, and functional warehouse configurations designed to support a variety of manufacturing and distribution operations. With strong infrastructure already in place and significant adaptability for future users, the property is ideally suited for industrial redevelopment, owner-user occupancy, or customized build-to-suit execution.

Attachments

Sale OM

Property Facts

Price $5,500,000
Price Per SF $44.50
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Refrigeration ColdStorage
  • Industrial Truck Terminal
Building Class C
Lot Size 7.00 AC
Rentable Building Area 123,600 SF
No. Stories 2
Year Built/Renovated 1960/2001
Parking Ratio 0.4/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 7
No. Drive In / Grade-Level Doors 3
Zoning M-2 - Cold Storage | Craft Grow | Food Production

Amenities

  • Cooler
  • Fenced Lot
  • Floor Drains
  • Freezer (Space)
  • Signage
  • Air Conditioning

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 23,500-123,600 SF
  • Flex
  • -
  • Now

Introducing 80-90 North Street, a ±123,600 square foot Office and Industrial Warehouse Redevelopment opportunity on approximately 7.00 acres in Park Forest, Illinois. This prior Food Manufacturing Facility can be built-to-suit for multiple manufacturing uses. The Warehouse provides 5 cold rooms or storage rooms, allowing for over 1,100 pallet positions. A total of 7 docks- 5 interior and 2 exterior- and 3 drive-in doors. Fenced Yard available. Two-story office with conference and break rooms. All concepts and uses will be considered.

Space Size Space Use Build-Out Available
1st Floor 23,500-123,600 SF Flex - Now

1st Floor

Size
23,500-123,600 SF
Space Use
Flex
Build-Out
-
Available
Now

1st Floor

Size 23,500-123,600 SF
Space Use Flex
Build-Out -
Available Now

Introducing 80-90 North Street, a ±123,600 square foot Office and Industrial Warehouse Redevelopment opportunity on approximately 7.00 acres in Park Forest, Illinois. This prior Food Manufacturing Facility can be built-to-suit for multiple manufacturing uses. The Warehouse provides 5 cold rooms or storage rooms, allowing for over 1,100 pallet positions. A total of 7 docks- 5 interior and 2 exterior- and 3 drive-in doors. Fenced Yard available. Two-story office with conference and break rooms. All concepts and uses will be considered.

Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 31-25-200-011-0000
  • 31-25-200-009-0000
Land Assessment
$143,267
Improvements Assessment
$271,743
Total Assessment
$415,010
  • Listing ID: 40776368

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 80-90 North St, Park Forest, IL 60466

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}