Share This Listing

Message

916 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

PRIME 127,000 SF LOGISTICS HUB | 6-12 ACRES | 2000 Ashley Rd 127,000 SF Industrial Building Morris, IL 60450 $8,999,000 ($70.86/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • RARE OWNER FINANCING AVAILABLE: Seller offering terms with only 20% down.
  • HEAVY INDUSTRIAL ZONING (M-2): Permits high-intensity uses like heavy manufacturing and intensive outdoor storage.
  • EXPANSION POTENTIAL: Total site can be up to 12 acres, allowing for significant excess trailer parking or future building expansion.
  • HIGHLY DIVISIBLE INDUSTRIAL FACILITY: Potential to be split into up to 3 separate units, creating immediate multi-tenant income/lease-up opportunity.
  • PRIME LOGISTICS LOCATION: Direct access to I-80 corridor (3 miles) and proximity to CenterPoint Intermodal (10 miles).
  • FUNCTIONAL DISTRIBUTION SPACE: 127,345 SF facility with 19' clear height, 9 Dock Doors, an

EXECUTIVE SUMMARY

PRIME I-80 LOGISTICS HUB | 127K SF Industrial Facility w/ M-2 Zoning. HIGHLY DIVISIBLE & SELLER FINANCING AVAILABLE (20% Down).AGGRESSIVELY PRICED OPPORTUNITY in the I-80 Logistics Corridor
The exclusive listing advisor is pleased to present the opportunity to acquire 2000 Ashley Road, a 127,345 SF industrial facility strategically positioned in the high-demand Morris, IL / I-80 submarket. This property stands out as a top value-add proposition, offering a rare combination of a functional, existing warehouse structure, significant land, and unparalleled operational flexibility.
INVESTMENT & OWNER-OPERATOR HIGHLIGHTS:
ATTRACTIVE SELLER FINANCING: Exceptional opportunity for qualified buyers! The seller is offering flexible, non-recourse owner financing terms with a minimum of 20% down payment, significantly reducing upfront capital expenditure and offering a streamlined closing process compared to conventional lending.
UNMATCHED FLEXIBILITY & VALUE: The building can potentially be split into up to three (3) individual units, offering investors the ability to execute a multi-tenant lease-up strategy, or an owner-operator the chance to occupy one portion and generate income from the remainder.
HEAVY ZONING ADVANTAGE: Featuring coveted M-2 Heavy Industrial Zoning across the entire 6-acre site (with an additional 6 acres available), this is one of the few properties in the market that can accommodate intensive uses such as outdoor storage, truck/trailer parking, and heavy manufacturing.
Logistics & Connectivity: Located less than 3 miles from Interstate 80 and just 10 miles from the CenterPoint Intermodal Center – Joliet/Elwood, the nation's largest inland port. Offers superior last-mile and regional distribution capabilities.
Functional Building Specs: The 127,345 SF facility features a 19-foot clear height, wet sprinklers, nine (9) docks, one (1) drive-in door, and ample power to meet all modern demands.
Don't miss the chance to acquire a flexible, heavy-zoned, and income-generating asset in the heart of one of the Midwest's most critical distribution hubs.

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $8,999,000
Price Per SF $70.86
Sale Type Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Truck Terminal
  • Industrial Warehouse
Building Class C
Lot Size 5.76 AC
Rentable Building Area 127,000 SF
No. Stories 1
Year Built 1998
Tenancy Single
Parking Ratio 0.24/1,000 SF
Clear Ceiling Height 19’
No. Dock-High Doors/Loading 9
No. Drive In / Grade-Level Doors 1
Zoning M-2 - M-2 Manufacturing District

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-34-277-005
Land Assessment
$123,021
Improvements Assessment
$1,605,761
Total Assessment
$1,728,782
Annual Taxes
($127,000) (($1.00)/SF)
Tax Year
2024
  • Listing ID: 33677179

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 2000 Ashley Rd, Morris, IL 60450

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") }}