Bank Owned Single-Tenant Industrial Warehouse in Watseka, IL

Industrial for Sale
Catylist Listing ID: 30040946
Property Subtypes: Manufacturing
Building Size (RSF): 182,000 SF
Gross Building Area: See Agent
Sale Price: $350,000
Unit Price: $1.92 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/3/2018

Overview / Comments


Previously Valued to: $2,000,000

Asking Price: $350,000

Cooperating Broker's Commission: 2%

2015 Taxes:

PIN# 19-31-476-002 - $21,711.56

PIN# 19-31-404-002 - $487.84

PIN# 19-32-351-001 – $45,134.96

Lot Size: Approx. 55 Acres with 30 Acres Considered Surplus

Building Size: Approx. 182,000 sf

Zoning: M-1

182,000 sf (divisible) manufacturing facility on approx. 55 acres with 30 acres considered surplus. 15,000 sf office area. 15'-25' clear ceilings. Eleven exterior docks. Heavy power. Ample surface parking.

Located southeast of Kankakee, approx. 20 minutes east of I-57. Easily accessible from US Route 24/ IL Route 1.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Iroquois

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,013 5,193 7,825
Median Age: 41 43.16 44.23
Households: 1,316 2,223 3,328


Photograph of Listing Agent

Diana Peterson

SVN AuctionWorks
ICEx Member
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