16475 Van Dam RdSouth Holland, IL 60473
- Other commercial real estate
- 1.56 AC
Property Details for 16475 Van Dam Rd
- Year built
- 1989
- Lot size
- 1.56 AC
- Property type
- Other commercial real estate
- APN
- 29-23-201-026
- APU
- 2923201026
Description
This exceptional 4,800 square foot office building, situated on a generous 4.97-acre lot in South Holland, Illinois, presents a unique investment opportunity. The property boasts a single-tenant occupancy and is ideally located with heavy traffic frontage on I-94, just two minutes from a full interchange. The expansive land offers significant potential for expansion or redevelopment. The existing building is classified as a traditional office space, but the property's flexible zoning allows for a wide array of uses. Potential uses include, but are not limited to: travel centers (auto/truck), warehouse, industrial hotel, banquet facilities, auto dealerships, motorcycle dealerships, grocery stores, and schools. This versatility makes it an attractive option for a variety of businesses and investors. The property also includes a digital advertising sign site, providing additional revenue potential. This is a rare opportunity to acquire a substantial property with significant upside in a prime Cook County location. The property is available for sale or lease. The address is 16475 Van Dam Rd, South Holland, IL 60473.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $24,996,658
- Hospitality
- $22,896,806
- Educational
- $19,049,874
- Medical
- $19,705,028
- Retail
- $29,633,136
Location Insight
- City
- South Holland
- County
- Cook
- State
- Illinois
- Latitude
- 41.5957
- Longitude
- -87.5826
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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