Logistics Property Buys 1401 Normantown Rd (716,000 SF) in Chicago

SaleIndustrialWill County / I-55 / I-80

Reported Oct 13, 2026 · Source: Bisnow

Source: BisnowRead the full report at Bisnow ↗

Deal details

Buyer
Logistics Property Co.
Seller
Not disclosed
Price
$58M (per property records)
Size
716K SF
Price per SF
$81 per SF (our calculation)
Asset class
Industrial
Transaction
Sale
Sub-market
Will County / I-55 / I-80
Metro
Chicagoland
Reported date
Oct 13, 2026

Summary

1401 Normantown Rd is an industrial sale in Will County / I-55 / I-80, Chicagoland. Other details we have: buyer Logistics Property Co.; price $58M (per property records); size 716K SF. Bisnow reports: “The company scooped up the 716K SF property at 1401 Normantown Road for about $58M, according to property records.” Bisnow reports: “Logistics Property Co. closed on a fully leased, value-add industrial property in suburban Romeoville.”

Quoted from the article; the other facts come from our own deal listing.

Source: Bisnow

Read the full report at Bisnow. What the article says:

  • Deal / Price / Size
    The company scooped up the 716K SF property at 1401 Normantown Road for about $58M, according to property records.
  • Buyer
    Logistics Property Co. closed on a fully leased, value-add industrial property in suburban Romeoville.

Article date: 2026-10-13T16:04:59-04:00

Quick answers

Who bought 1401 Normantown Rd?
Logistics Property Co bought 1401 Normantown Rd in Will County / I-55 / I-80, Chicago, according to Bisnow.
How much did 1401 Normantown Rd sell for?
The reported price is $58M (per property records) ($81 per SF, our calculation), per Bisnow.
How big is 1401 Normantown Rd?
716K SF, as listed from the source.
When was this sale reported?
Reported Oct 13, 2026 by Bisnow.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.