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Listed by AdamJ Merrick • Adam Merrick Real Estate
$3,200,000
Est. payment /mo
1,735,755 SqFt
Price Dropped by $28.8M
102 S BROADWAY ST #1-6 Forest City, IL 61532
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,735,755 sqft
Price per Sqft $1
MLS Listing ID PA1261797
Annual Tax Amount $32,887
Tax Year 2024
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Commercial
Source rmlsa
Property Description
High capacity grain elevator with expansion potential in Forest City, IL. Presenting a significant opportunity to acquire a fully operational grain elevator. This turnkey facility boasts a total storage capacity of over 1.7 million bushels, making it a strategic asset for any agricultural enterprise. Key among its features is a newer 515,000 bushel bin, reflecting recent investment and modernization. The facility's growth potential is immense, supported by substantial upgrades to the electrical systems and core infrastructure within the last five years. These improvements not only enhance current operations, but are designed to accommodate future expansion. With ample land available for further development, this currently operating facility is primed for growth. This is a rare chance to purchase a well maintained, high capacity grain storage operation with a clear path for expansion.
Location
State IL
County Mason
Area Paar Area
Zoning COMMERCIAL
Direction FOREST CITY, L ON BROADWAY ST.
Interior
Heating Natural Gas
Cooling Other
Flooring Other
Fireplace N
Exterior
Fence No
Utilities Available Water Available
View true
Roof Type Flat,Metal,Other
Garage 1
Building
Building Description Aluminum Siding,Other,Block,Brick, Wireless Internet
Faces FOREST CITY, L ON BROADWAY ST.
Sewer Other, Public Sewer
Structure Type Aluminum Siding,Other,Block,Brick
Others
Tax ID 07-07-113-005
Security Features No
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