15300 Greenwood Road South Holland, IL $ 500,000
15300 Greenwood Road
$ 500,000
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15300 Greenwood Road

South Holland, IL, 60473
$ 500,000
Bedrooms-- Baths-- Sq 18,000

Monthly Estimate*

$ 3,079

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Commercial Property for sale in South Holland, IL

for $500,000. This 18,000 square foot building was built in 1925 on a lot size of 0.56.

Industrial owner-users, manufacturers, contractors, fabricators, logistics companies, and warehouse operators will immediately recognize the value offered by this rare industrial facility located at 15300 Greenwood Road in South Holland, Illinois. Situated on a 24,437 square foot (0.56-acre) industrial site, this approximately 18,000 square foot multi-story manufacturing and warehouse facility offers a combination of features that are increasingly difficult to find throughout the Chicago industrial market. Originally constructed as a purpose-built industrial building, the property retains many of the characteristics sought by modern industrial users, including heavy timber construction, freight elevator service, loading docks, drive-in access, open production areas, warehouse space, and substantial electrical infrastructure. The building's historic brick and timber construction creates an exceptionally durable industrial asset capable of supporting a wide variety of manufacturing, fabrication, assembly, warehouse, storage, distribution, contractor, and industrial service operations. Large open floor plates, exposed heavy timber framing, industrial hardwood floors, and freight elevator connectivity between levels provide flexibility for users requiring production space, inventory storage, equipment staging, or multi-level operations. A significant advantage of the property is its existing industrial infrastructure. The facility is equipped with 3-phase electrical service and 120/480-volt power capability, making it attractive to manufacturing users, machine shops, woodworking operations, fabrication businesses, contractors, packaging companies, printing operations, light industrial users, and businesses operating power-intensive equipment. Existing electrical upgrades and HVAC improvements further reduce the capital investment required for a new owner to occupy and modernize the facility. The rear warehouse addition enhances operational efficiency with two overhead doors, loading capabilities, and convenient access for deliveries, inventory movement, equipment storage, and contractor operations. The property's loading infrastructure and freight elevator system allow materials and products to move efficiently throughout the building while supporting warehouse and industrial uses that require vertical storage and production capacity. Location remains one of the property's strongest competitive advantages. Positioned within South Holland's established industrial corridor, the property offers convenient access to Interstate 294, Interstate 94, Interstate 80, Interstate 57, Halsted Street, Dixie Highway, and the broader Chicago transportation network. Businesses operating from this location benefit from efficient access to the City of Chicago, the South Suburban industrial market, Northwest Indiana, O'Hare International Airport, Midway International Airport, intermodal facilities, major freight routes, and one of the nation's largest concentrations of manufacturing and distribution companies. The surrounding industrial market continues to experience strong demand from owner-users seeking alternatives to rising lease rates and limited industrial inventory. This property presents a compelling opportunity for businesses seeking to establish a long-term headquarters while building equity in a strategically located industrial asset. Potential uses include manufacturing, fabrication, contractor headquarters, building trades, electrical contractors, plumbing contractors, HVAC contractors, warehouse operations, logistics support, e-commerce fulfillment, industrial storage, equipment distribution, woodworking operations, packaging, assembly, production, and specialty industrial applications. For investors and developers, the building offers substantial value-add potential.

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Commercial Active

Price

$ 500,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Lot Size

0.56

Year Built

1925

Town/City

South Holland

County/Region

Cook

MLS | Web ID

12684196

Features
General
Cooling Central Air
Possession Closing
Zoning INDUS
Construction Materials Brick Block
Year Built 1925
Electric Circuit Breakers Service - 101 to 200 Amps Power - 120V
Tenant Pays Other
Stories Count 3
Township Thornton
Tax Year 2024
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Possible Use Commercial Industrial
Status New
Directions 159th to Greenwood north to building
City South Holland
MLS Area South Holland
Lot Size Square Feet 24437
Additional Parcels Y/N N
Leasable Area 18000
Standard Status Active
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Interior
Flooring Carpet Wood
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 18000
Lot Dimensions 122' x 200'
Lot Size Acres 0.56
Frontage Type City Street Frontage Road
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* Excluded Features
List By
Mohall Commercial & Urban Development

Broker

moses@mohallcommercialud.com

Email

Affordability Calculator

$3,079
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/21/2026$500,000 Listed Price

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15300 Greenwood Road, South Holland, IL, 60473 is a Commercial Property for sale at $500,000 with 18,000 sqft and a lot size of 0.56. 15300 Greenwood Road was built in 1925. The property's zip code is 60473 which is in South Holland, IL