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15300 Greenwood Road | Owner-User & Investment Opportunity

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15300 Greenwood Road | Owner-User & Investment Opportunity

PROPERTY DETAILS

MoHall Commercial & Urban Development is pleased to present 15300 Greenwood Road, a rare opportunity to acquire a historic industrial manufacturing facility strategically positioned within Chicago’s highly sought-after South Suburban industrial market. Situated on a 24,437-square-foot (0.56-acre) Light Industrial site in South Holland, Illinois, this approximately 18,000-square-foot multi-story industrial building offers a compelling combination of manufacturing infrastructure, warehouse functionality, redevelopment potential, and exceptional access to one of North America’s most important transportation and logistics corridors.

Originally constructed as a purpose-built industrial facility, the property showcases authentic heavy timber and masonry construction rarely available in today’s market. Designed for manufacturing and industrial operations, the building features a freight elevator, loading docks, drive-in access, open production areas, warehouse space, and 120/480V 3-phase electrical service. These existing improvements provide immediate functionality for manufacturers, contractors, fabricators, distributors, warehousing users, specialty industrial businesses, and owner-occupants seeking a permanent operational headquarters.

Unlike modern industrial developments that often require significant capital investment and lengthy construction timelines, 15300 Greenwood Road provides an opportunity to acquire an existing industrial asset with substantial infrastructure already in place. The building’s heavy timber structural system, exposed industrial character, brick construction, freight elevator connectivity, and flexible floor layout create a highly adaptable environment capable of supporting manufacturing, assembly, fabrication, packaging, storage, logistics, distribution, contractor operations, woodworking, machine shop uses, and numerous industrial applications.

The facility’s existing freight elevator system provides efficient movement of materials and inventory between floors, while multiple loading areas and drive-in access support shipping, receiving, warehousing, and day-to-day industrial operations. The building’s 120/480V 3-phase electrical service is particularly attractive for power-intensive manufacturing users seeking infrastructure capable of supporting industrial equipment, fabrication operations, machinery, production lines, and specialized manufacturing processes.

Location remains one of the property’s most significant competitive advantages. South Holland has long been recognized as one of the Chicago region’s established industrial and manufacturing communities, offering businesses convenient access to major interstate transportation corridors, freight routes, labor pools, and regional distribution networks. The property is located just minutes from Interstate 294, Interstate 94, Interstate 80, and Interstate 57, allowing businesses to efficiently serve customers throughout the Chicago metropolitan area, Northwest Indiana, Wisconsin, and the broader Midwest marketplace.

From this location, users benefit from exceptional regional connectivity. Interstate 294 provides direct access to Chicago’s extensive industrial network and links to O’Hare International Airport, one of the busiest cargo airports in the world. Interstate 80 and Interstate 94 provide critical east-west and north-south transportation routes serving national distribution channels, while Interstate 57 offers direct access to Chicago and central Illinois markets. The property is approximately 20 miles from Downtown Chicago, approximately 25 miles from Midway International Airport, approximately 40 miles from O’Hare International Airport, and within convenient reach of numerous intermodal facilities, rail-served industrial districts, and logistics hubs that collectively make Chicagoland one of the premier industrial markets in North America.

The surrounding area is home to a diverse mix of manufacturers, contractors, industrial service providers, warehouse operators, logistics companies, and distribution businesses. This established industrial ecosystem provides users with access to suppliers, vendors, transportation services, skilled labor, and supporting businesses that help drive operational efficiency and long-term growth.

For investors and developers, the property presents significant value-add and redevelopment potential. Industrial assets with freight elevators, loading infrastructure, heavy timber construction, and industrial zoning continue to attract strong demand throughout the Chicago market. Rising construction costs, limited industrial inventory, and increasing barriers to new development have enhanced the value of existing industrial properties capable of supporting adaptive reuse, modernization, repositioning, multi-tenant industrial occupancy, contractor condominium concepts, flex industrial conversion, or specialized industrial redevelopment strategies

Whether acquired as a manufacturing facility, warehouse operation, contractor headquarters, industrial investment, redevelopment project, or long-term owner-user opportunity, 15300 Greenwood Road offers buyers the rare opportunity to secure a functional industrial asset with authentic character, substantial infrastructure, strategic transportation access, and significant upside potential within one of the Midwest’s most established industrial corridors.

KEY DETAILS:

  • Price: $500,000
  • Property Type:  Industrial / Commercial Property
  • Sub Type: Flex, Warehouse, Manufacturing
  • Address: 15300 Greenwood Road, South Holland, IL 60473
  • PIN: 29-11-313-054-0000
  • Zoning: LI
  • Site Area: 24,437 sq ft
  • Gross Building Area: 18,000 SF
  • Parking: 15 spaces
  • Year Built: 1925 (Approximately 100 years old)

Broker

MOHALL COMMERCIAL AND URBAN DEVELOPMENT

OFFER MEMORANDUM

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Property Features
  • House