127,345 sqft M-2 Manufacturing Building 2000 Ashley Rd 127,000 SF Industrial Building Morris, IL 60450 $13,178,350 CAD ($103.77 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 2000 Ashley Road offers a 127,345 SF industrial facility on 5.76 acres with an additional 6-acre opportunity for tractor trailer parking or expansion.
  • Located less than 3 miles from Interstate 80 and less than an hour from two airports, Joliet Regional and Chicago O'Hare International Airports.
  • Surrounded by major manufacturing and distribution companies, such as Mondelez, Walmart, and household-necessity manufacturer Proctor & Gamble.
  • Meet all distribution needs with an 18-foot clear height, wet sprinklers, ample power, nine docks, and one drive-in door.
  • Easily accessible to many major markets, including some of the largest cities in the US: a 1-hour drive to Chicago and a 4-hour drive to Indianapolis.
  • Strategically positioned less than 30 minutes to Centerpoint Intermodal Center - Joliet/Elwood, the nation's largest master-planned inland port.

EXECUTIVE SUMMARY

2000 Ashley Road is a dynamic 127,345-square-foot industrial facility positioned near Interstate 80 within one of Chicago's bustling industrial submarkets. This expansive site offers exceptional manufacturing space, with flexibility for single- or multi-tenant use and substantial infrastructure to accommodate a wide range of users. Building specifications include an 18-foot clear height, nine standard docks, one 14-foot by 18-foot drive-in door, and an 800-amp electric service. Situated on a 5.76-acre site, the property has ample car and trailer parking and plenty of room to grow. The potential for an additional 6 acres is available to be sold with the property.

Grundy County is a growing business community and a key central location with excellent proximity to both the East Coast and the Midwest. 2000 Ashley Road in an advantageous location with quick access to interstates, population centers, railroad intermodal, and ports. Two airports are less than an hour away to support air cargo needs, Joliet Regional and Chicago O'Hare International Airports. The property is incredibly accessible to the Centerpoint Intermodal Center - Joliet/Elwood, the nation's largest inland port. This major transportation hub is anchored by the BNSF Logistics Park Chicago and the Union Pacific Joliet Intermodal Terminal, making it an attractive choice for businesses looking to establish a strong presence in the region.

Access to 2000 Ashley Road is streamlined via nearby Highway 6/Grand Army of the Republic Highway, leading to Route 47 and Interstate 80 within five minutes. It can tap into the labor pools and serve the nearby communities of Joliet, Elwood, Aurora, and Ottawa, all within a 30-minute drive. There are over 55,904 residents within a 10-mile radius, and 36% of the employees in that area work in good-producing industries or trade transportation. Major manufacturing and distribution companies in the area include Mondelez, Walmart, and Proctor & Gamble.

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

PROPERTY FACTS

Price $13,178,350 CAD
Price Per SF $103.77 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Truck Terminal
  • Industrial Warehouse
Building Class C
Lot Size 5.76 AC
Rentable Building Area 127,000 SF
No. Stories 1
Year Built 1998
Tenancy Single
Parking Ratio 0.24/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 9
No. Drive In / Grade-Level Doors 1
Zoning M-2 - M-2 Manufacturing District

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

ABOUT GRUNDY COUNTY

Though still part of the Chicago metropolitan area, Grundy County is at its outer edge, offering industrial tenants and owners quick access to interstates 55 and 80 and Route 47, which bifurcates the area. The county seat is in Morris, just a few miles west of where the Illinois River splits from the Kankakee River.

Unlike many other areas in the Chicago area, Grundy County saw its population increase by over 33% from 2000 to 2010 and another 5% from 2010 to 2020. Besides its bucolic setting, another reason why residents are drawn to the area is to land one of the distribution jobs attached to the sizable warehouses in the area. For example, Oreo-cookie manufacturer Mondelez (1.6 million square feet), retailer Walmart (1.5 million square feet), and household-necessity manufacturer Proctor & Gamble (1.2 million square feet) all have distribution centers in Grundy County.

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Chicago
2,705,994
55
1 h 11 m
Indianapolis
867,125
208
4 h 5 m
Detroit
672,662
307
5 h 48 m
Columbus
892,533
385
7 h 23 m
Nashville
669,053
463
8 h 57 m
Memphis
650,618
504
9 h 45 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
54,858
Total Labor Force
30,044
Unemployment Rate
4.33%
Median Household Income
$88,732
Warehouse Employees
6,902
High School Education Or Higher
94.60%
$ values in USD

PROPERTY TAXES

SALE ADVISOR

SALE ADVISOR

(815) 955-9489
Contact
Michael O'Donnell, Broker/Owner
(815) 955-9489
Contact
Michael is an expert real estate agent with WEB VIDEO Realty in Braidwood, IL and the nearby area, providing home-buyers and sellers with professional, responsive, and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give Michael a call. He is eager to help and would love to talk to you. New construction, land development , industrial and commercial properties.
  • Listing ID: 33677179

  • Date on Market: 2024-10-29

  • Last Updated:

  • Address: 2000 Ashley Rd, Morris, IL 60450