Updated Jan 13, 2026
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
About this deal
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