Illinois State Police Forensic Science Lab | 1810 S Main St
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Illinois State Police Forensic Science Lab 1810 S Main St
13,200 SF Flex Building Morton, IL 61550 For Sale
Investment Highlights
- 20 minutes to Peoria International Airport.
- Extensive cost improvements.
- Quick access to I-155 and I-74.
Executive Summary
Net lease investment opportunity for sale. 13,200 SF free standing building near Peoria IL. The Illinois State Police Department occupies this building for the last 45 years as a forensic lab. Recent improvements including new HVAC, parking lot and office renovations. The lease was recently renewed for ten (10) years with escalations.
High Replacement Cost at 1,000 SF; 50% of building is finished lab space, balance office. Value of the lab improvements are in excess
of +/- $40K.
High Replacement Cost at 1,000 SF; 50% of building is finished lab space, balance office. Value of the lab improvements are in excess
of +/- $40K.
Property Facts
Sale Type | Investment | No. Stories | 1 |
Property Type | Flex | Year Built/Renovated | 1978/1988 |
Building Class | B | Tenancy | Single |
Lot Size | 1.58 AC | Parking Ratio | 2.8/1,000 SF |
Rentable Building Area | 13,200 SF |
Sale Type | Investment |
Property Type | Flex |
Building Class | B |
Lot Size | 1.58 AC |
Rentable Building Area | 13,200 SF |
No. Stories | 1 |
Year Built/Renovated | 1978/1988 |
Tenancy | Single |
Parking Ratio | 2.8/1,000 SF |
Amenities
- Bio-Tech/ Lab Space
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PROPERTY TAXES
Parcel Number | 06-06-29-115-037 | Improvements Assessment | $305,630 |
Land Assessment | $75,620 | Total Assessment | $381,250 |
PROPERTY TAXES
Parcel Number
06-06-29-115-037
Land Assessment
$75,620
Improvements Assessment
$305,630
Total Assessment
$381,250
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Illinois State Police Forensic Science Lab | 1810 S Main St
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