268,000SF Soft Sheen Facility Hits Market

CHICAGO-A 268,000-sf, seven-building industrial facility on the South Side that includes a fitness sale is for sale. Soft Sheen Products has hired Paine/Wetzel · ONCOR International to sell the property, which includes 10.25 acres, at 1000 E. 87th St.

While no asking price is given, the property carries a market value of $2.37 million, according to the Cook County assessor’s office, with 87% of the value in the land.

Besides M1-2 zoning that would accommodate manufacturing, warehouse and distribution users, the property is located in an Enterprise Zone and tax increment financing district, providing financial incentives for the new owner, notes Paine/Wetzel · ONCOR International senior vice president Albert Schulman, CCIM. He is marketing the property along with vice president Matt Rogatz.

Not only is the campus-like complex served by a railroad spur, it is near a Metra commuter rail line, as well as a mile from the Dan Ryan Expressway. “The complex is in ‘move-in’ condition, but we would welcome the new tenant to build-to-suit as needed,” Rogatz adds.