324 N Main St - Industrial FOR SALE


Kewanee, IL 61443
$750,000 USD
312-656-2025
324 N Main St, Kewanee, IL for Sale
$750,000 USD
Industrial - FOR SALE
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null | Request Cap Rate

324 N Main St
Kewanee, IL 61443


HIGHLIGHTS

  • High-traffic area with many nearby commercial and residential properties
  • One-story brick and steel frame building with many sections built between 1919 and 1984
  • Ceiling heights over 25 ft. in parts of the building and numerous overhead doors
  • Currently used for RV, boat, vehicle and miscellaneous storage
  • Current income approximately $150,000 annually from some full-time, and some seasonal tenants, approximately $12,000 annual taxes
  • Substantial upside potential as much of the property is underutilized

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$6 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1919

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

25.06

LAND SF

1,091,529

ZONING

-

APN/PARCEL ID

20-33-205-002

ASK ABOUT THIS PROPERTY

Rick LevinRick Levin & Associates, Inc.More Info
312-656-2025

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Rick LevinRick Levin & Associates, Inc.More Info
312-656-2025

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.