Industrial Building in Kewanee

Industrial for Sale
Catylist Listing ID: 30184113
Property Subtypes: Light Industrial, Other
Building Size (RSF): 100,000 SF
Gross Building Area: See Agent
Sale Price: $399,000
Unit Price: $3.99 PSF
Office SF: 10,000 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 3/2/2018

Overview / Comments

Suggested Opening Bid: $399,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 35 Acres

Building Size: Approx. 100,000 SF

2016 Taxes: $27,849

PIN: 20-32-276-002

Zoning: M-2; Manufacturing District General

Property Class: 0080 Industrial

Land Use: Enterprise Zone (EZ) & Tax Increment Financing (TIF) within EZ & TIF

This approximately 270,000 sf industrial building manufacturing use is situated on an approximately 35 acre parcel. The main manufacturing building includes approximately 150,000 SF of warehouse space with a 30’ ceiling height and approximately 10,000 SF of adjacent office space. In addition, there are 5 detached storage buildings surrounding the main warehouse which total approximately 120,000 SF. The property was previously occupied by the Kewanee Boiler Company. The BN railroad borders the south side of the property with 2 rail-heads, allowing for ease of access. The 2016 taxes were $27,849.

The property will be delivered with clear title.

Attachments & Media

Additional Details

Nearest MSA: Davenport-Moline-Rock Island
County: Henry
Tax ID/APN: 20-32-276-002
Zoning: M-2
Property Located Between: The property is located approximately 1 hour north of Peoria, 20 mins south of route 80 and approximately 2.5 hours west of Chicago's O'hare Airport.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,631 11,547 15,295
Median Age: 36.96 39.31 39.08
Households: 1,884 4,765 6,205


Photograph of Listing Agent

Diana Peterson

SVN AuctionWorks
ICEx Member
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