1175 Central Ave | University Park, IL 60484
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- LoopNet Team
1175 Central Ave
University Park, IL 60484
Pregis · Industrial Property For Sale
Investment Highlights
- Four-Building 76,500-Square-Foot Warehouse Asset on 3.55 Acres
- Priced Well Below Replacement Costs with Value-Add Investment Opportunity
- Located in Large Submarket with 2.3% Vacancy Among Comparables
- Close Proximity to I-57 | Features 14’-18’ Clear Height, Six Dock Doors, and Seven Grade Doors
- Fully Occupied by National/Local Tenants with 84% of Property Leased Through 2027/2028
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1980 |
| Property Subtype | Manufacturing | Parking Ratio | 0.46/1,000 SF |
| Building Class | C | Clear Ceiling Height | 18’ |
| Lot Size | 3.55 AC | No. Dock-High Doors/Loading | 6 |
| Rentable Building Area | 76,500 SF | No. Drive In / Grade-Level Doors | 7 |
| No. Stories | 1 |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 3.55 AC |
| Rentable Building Area | 76,500 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 0.46/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 7 |
Amenities
- 24 Hour Access
- Front Loading
- Security System
Utilities
- Lighting - Sodium
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 14-16-301-019 | Improvements Assessment | $476,467 |
| Land Assessment | $62,524 | Total Assessment | $538,991 |
PROPERTY TAXES
Parcel Number
14-16-301-019
Land Assessment
$62,524
Improvements Assessment
$476,467
Total Assessment
$538,991
zoning
| Zoning Code | Industrial |
| Industrial |
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