Marcus & Millichap Sells Industrial Warehouse At 23315 South Youngs Road In Channahon For $4.8M
23315 South Youngs Road
$4,800,000
$28/SF
Building Size
167,282 SF
Asset Type
Industrial
Closing
Jan 12, 2026
AI
An industrial property located at 23315 South Youngs Road in Channahon, IL has been sold for $4,800,000. The asset spans 17.75 acres and encompasses a total area of 167,282 square feet. The property is partially occupied by Verdeco Plastics Inc.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,800,000
- Square Footage: 167,282 SF
- Price per Square Foot: $29
- Address: 23315 South Youngs Road, Channahon
- Market: Channahon
- Brokers: Zach Orzel, Tyler Sharp & Adam Abushagur - Marcus & Millichap
The transaction was managed exclusively by Zach Orzel, Tyler Sharp, and Adam Abushagur, who are affiliated with Marcus & Millichap. Their expertise in the commercial real estate sector facilitated the sale of this substantial industrial warehouse.
Players
Channahon Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93