Listing provided courtesy of MoHall Commercial & Urban DevelopmentMREDas Distributed by MLSGrid- MLS# 12684196MLS Provider

15300 Greenwood RoadSouth Holland, IL 60473

Commercial · 18,000 Sq. ft. | 0.56 Acres
$500,000 Active

15300 Greenwood Road Overview

Time on Site:
8 days
Visits:
1

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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15300 Greenwood Road Facts & Features

  • Type Commercial
  • Sq. ft. 18,000
  • Price/Sq.ft. $28
  • Lot 0.56 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1925

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: South Holland
  • Township: Thornton

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Year: 2024

General Information

  • Parcel Number: 29113130550000
  • Possible Use: Commercial,Industrial
  • Property Type: Commercial Sale
  • Zoning: INDUS

Interior

Building Interior

  • Building Area Total: 18000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Service - 101 to 200 Amps, Power - 120V
  • Flooring: Carpet, Wood
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 18000
  • Stories: 3

Unit Information

  • Unit SqFt.: 18000

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,Frontage Road
  • Lot Size Acres: 0.56
  • Lot Size Dimensions: 122' x 200'
  • Lot Size Square Feet: 24437

Building Exterior/Construction

  • Construction Materials: Brick, Block

15300 Greenwood Road Neighborhood

Community

60473 (South Holland) Demographics

43
Median Age
2,603
Population Density (per sq. mile)
36%
College Educated
$67,113
Estimated Median Income
6,426
Estimated Total Home Owners
1,107
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

15300 Greenwood Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

15300 Greenwood Road Market Data

Based on the last 30 days in this zip code

$242,767
Average List Price
$151
Average Price per Square Foot
19
Properties Sold
82
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

15300 Greenwood Road History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/21/2026Source: MRED Added to Database
June 21, 2026