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1311 N Division St

7,440 SF Industrial Building Pontiac, IL 61764 $625,000 ($84/SF)

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Investment Highlights

On historic Route 66!
All offices have heated floors.

Two insulated bays with private overhead door.

Executive Summary

Endless possibilities with this 1.67 acres of Commercial Property located at 1311 N. Division Street in Pontiac Illinois. Very attractive and landscaped building with a metal roof on historic Route 66!! The property is improved as a metal building with warehouse space, two work bays, and multiple office spaces. There are three overhead doors. The 60'x64' section of the building is considered cold storage with concrete floors. The remaining portion of the building has heated floors and air conditioning. That portion is temperature-controlled year-round. All offices have heated floors. The main office area contains two clerical areas, a private office, full kitchen, and half bathroom. There is an additional 640 square feet of finished office space with a full bathroom and conference room. There are two insulated bays with private overhead door, mezzanine storage also floor heated. Each bay is approximately 760 square feet. The gross building area is 7,440 square feet. Must follow M1 zoning rules upon purchase.

1311 Division Info.

Property Facts

Price	$625,000	Rentable Building Area	7,440 SF
Price Per SF	$84	No. Stories	1
Sale Type	Investment or Owner User	Year Built	2005
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse	Parking Ratio	3.49/1,000 SF
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	1.67 AC

Price	$625,000
Price Per SF	$84
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	B
Lot Size	1.67 AC
Rentable Building Area	7,440 SF
No. Stories	1
Year Built	2005
Tenancy	Single
Parking Ratio	3.49/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.