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$500,000
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Property Description
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.
Full Property Details
Full Property Details for 15300 Greenwood Rd
General
- Price: $500,000
- Taxes: (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12684196
- Updated: 6/21/2026
- Added to Site: 25 day(s) ago
Interior
- Interior Features: Employee Kitchen, Storage Inside, Basement
- Flooring: Carpet, Wood
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: South Holland
- County: Cook
- Township: Thornton
- Driving Directions: 159th to Greenwood north to building
- Location Details: South Suburban, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units, Central Building Heat, Forced Air, Gas
Structural Information
- Construction: Brick, Block
- Exterior Const.: Brick, Block
- Foundation: Concrete Perimeter
- Drive-In Doors: 2
- # Loading Docks: 3
- Loading: Depressed, Exterior, Interior
- Sub-Flooring: Carpet, Wood
- Freight Elevators: 1
- Stories/Levels: 3
- Square Feet: 18,000
- Current Bldg. Use: Commercial
- Year Built: 1925
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,437
- Lot Dimensions: 122' x 200'
- Frontage: City Street, Frontage Road
- Potential Use: Commercial, Industrial
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1925
- Tax Year: 2024
Disclosures and Reports
- Property ID: 29113130550000
Listed by MoHall Commercial & Urban Development
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Schools
Schools serving 15300 Greenwood Rd
School Districts:Dolton School District 149, Thornton Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Diekman Elementary School 15121 Dorchester Avenue, Dolton, IL 60419 | PK-6 | 0.4 mi |
School Of Fine Arts 1650 Pulaski Road, Calumet City, IL 60409 | 6-8 | 1.3 mi |
Creative Communications Academy 1650 Pulaski Road, Calumet City, IL 60409 | 6-8 | 1.3 mi |
S T E M Academy 1650 Pulaski Road, Calumet City, IL 60409 | 6-8 | 1.3 mi |
Thornridge High School 15000 Cottage Grove Avenue, Dolton, IL 60419 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15300 Greenwood Rd
Date
Details
Price
Change
Source
6/21/2026
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15300 Greenwood Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$94,874
—
$187,281
—
2023
$94,874
-18%
$187,280
5%
2022
$116,177
262%
$179,024
238%
2021
$32,084
31%
$52,910
22%
2020
$24,542
-34%
$43,417
-29%
2019
$37,023
120%
$60,964
117%
2018
$16,837
4%
$28,035
1%
2017
$16,184
-23%
$27,708
-26%
2016
$20,995
-17%
$37,323
-20%
2015
$25,149
2%
$46,472
—
2014
$24,607
1%
$46,472
-5%
2013
$24,314
5%
$49,143
—
2012
$23,238
—
$49,143
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15300 Greenwood Rd
15300 Greenwood Road, South Holland, IL 60473 (MLS# 12684196) is a Commercial property. 15300 Greenwood Road is currently listed for $500,000 and was received on June 21, 2026. Want to learn more about 15300 Greenwood Road? Do you have questions about finding other Commercial real estate for sale in South Holland? You can browse all South Holland real estate or contact a Coldwell Banker agent to request more information.

