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16720 New Lenox Rd
3,515 SF Industrial Building Joliet, IL 60433 For Sale
Investment Highlights
- 16720 New Lenox Road is a 3.2-acre site improved with a 3,515-square-foot single-story freestanding industrial building.
- Adjacent to the Cherry Hill Business Park and close to BNSF Logistics Park Chicago and UP Joliet Intermodal.
- Owner financing available.
- Property features a spacious paved, well-lit, and fully fenced lot with two points of ingress/egress for easy accessibility.
- Superior access to Interstates 80, 55, and 355, providing seamless connections to Illinois, Milwaukee, Davenport, and beyond.
Executive Summary
Investors and owners/occupants will benefit from the easy access to distribution arteries, location, and infrastructure advantages that drive a robust demand in this booming submarket, outpacing all other submarkets in the Chicago region. The Joliet submarket's embedded infrastructure attracts a mix of national retailers, third-party logistics (3PL) companies, and manufacturers seeking local or regional distribution hubs. Joliet's location near two major interstates and access to two massive intermodal terminals, the BNSF Logistics Park Chicago and UP Joliet Intermodal, bolster the city's transportation accessibility. Both intermodal terminals serve as critical components of Asian import/export supply chains in the Midwest.
Sale Flyer
Property Facts
Amenities
- Fenced Lot
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,515 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 3,515 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 3,515 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
About Joliet Area
The Illinois River that bisects and the nature preserves that dot the region support the idea that the Will County area is a wonderful place for respite. Rehabilitation and senior living complexes are popular here, justifying a strong medical office presence within this landscape and the distributors that serve the industries that count doctors and patients as their clients.
Yet it’s the unparalleled accessibility that attracts a mix of national retailers, third-party logistics companies, and manufacturers to locate their distribution hubs in the Joliet area. Joliet's ease of access is driven by its location near two major interstates and to two massive intermodal terminals, the BNSF Logistics Park Chicago and UP Joliet Intermodal. Both intermodal terminals serve as critical components to Asian import/export supply chains in the Midwest given their direct rail access to all major West Coast port markets and its ability to easily handle and process large quantities of goods.
In fact, more than 20 companies occupy over 1 million square feet of industrial space in the Joliet area, including distribution centers for manufacturers Michelin Tire (2 million square feet), Harbor Freight Tools (1.6 million square feet), and retailer Home Depot (1.6 million square feet). This industrial space enclave is such a distribution draw, that even retailers and manufacturers want corporate offices to be near this hub of activity. Area employers include retailer Ulta Beauty (341,000 square feet) in Bolingbrook, manufacturer Crane Composites (157,000 square feet) in Channahon, and packaging automation firm BW Integrated Systems (126,000 square feet) in Romeoville.
DEMOGRAPHICS
Regional Accessibility
PROPERTY TAXES
| Parcel Number | 08-18-300-017 | Improvements Assessment | $58,472 |
| Land Assessment | $75,124 | Total Assessment | $133,596 |
PROPERTY TAXES
zoning
| Zoning Code | I-1 (Unincorporated Will County, Truck Parking and Outside Storage Allowed.) |
| I-1 (Unincorporated Will County, Truck Parking and Outside Storage Allowed.) |
Sale Advisor
Sale Advisor
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16720 New Lenox Rd
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