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±123,600 SF Warehouse & Office on 7.0 AC | Incentives

$5,500,000

80-90 North Street, Park Forest, IL 60466

Active
Last Updated: 07/06/2026

123,600 sqft

Building Size

7 acres

Lot Area

Details:
Building Size:    123,600 sqft
Lot Area:    7 acres
Year Built:    1960
Floors:    2
Highlights:
  • Owner/User or Redevelopment Opportunity
  • Partially Leased to MTM Tenant
  • ±16,128 SF Two-Story Office Component with Executive Suites with additional ±8,064 SF (±24,192 SF total)
  • ±100,600 SF Industrial & Cold Storage Facility
  • Keystone Property Tax Incentive Classification
  • Existing ESFR Sprinkler Infrastructure
  • Heavy Power Capacity for Industrial Operations
  • Integrated Floor Drain Systems Throughout Facility
  • Clear Heights Ranging from 16’–24’
  • 2 Freight/Passenger Elevators
  • 3 Total Drive-In Doors (Interior & Exterior Access)
  • 7 Dock Doors Including 5 Interior Dock-High Positions
  • Full Basement Level with Drive-Through Access
  • Secured & Fenced Site Configuration
  • Ample On-Site Parking
  • Prominent Signalized Corner Location
  • Exceptional Visibility & Building Signage Opportunity
  • New 2,000-amp Transformer | 3-Phase
  • New Fire Panel & System
Description:

A rare large-scale owner/user or redevelopment opportunity within Chicago’s emerging Southland industrial corridor, offering institutional-scale optionality, strong transportation access, attractive basis economics, and alignment with ongoing regional economic development initiatives. Positioned for transformation, 80–90 North Street offers a unique opportunity to acquire and reposition a substantial industrial business park asset in Park Forest, Illinois.

The property consists of ±123,600 SF of office and industrial space situated on 7.0 acres, featuring existing cold storage infrastructure, food production capabilities, and functional warehouse configurations designed to support a variety of manufacturing and distribution operations.

With strong infrastructure already in place and significant adaptability for future users, the property is ideally suited for industrial redevelopment, owner-user occupancy, or customized build-to-suit execution.

Park Forest is a Village in Cook County, Illinois and 37 miles south of the Chicago Loop and 10 miles to the Indiana border. Easy access along Lincoln Highway to I-57 and I-394.

Map:
Documents:
Title
Offering Memorandum 2026
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Location
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