311 E Corning Rd
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311 E Corning Rd
28,614 SF Industrial Building Beecher, IL 60401 $1,399,000 ($48.89/SF)
INVESTMENT HIGHLIGHTS
- Sits on 15 acres.
- Flexible property use.
EXECUTIVE SUMMARY
Rare & flexible mixed-use property on 15 acres primarily industrial/warehouse with 2 warehouses, one office/storage frame building & one residential house (rented to long term tenant month-to-month for $600/month). Approximately 28,000 square feet of industrial/warehouse space. Maximum ceiling height on front building is 25', minimum 16'. Maximum ceiling height second building 16', 14.6' minimum height. Zoned I-1 & I-2 Industrial and A-1 Agricultural (for the house) Current home of Union Electronics....an international consumer electronic & appliance parts supplier. Seller moving to new facility also in Beecher. Miles of steel racking/shelving negotiable.
PROPERTY FACTS Under Contract
| Price | $1,399,000 | Rentable Building Area | 28,614 SF |
| Price Per SF | $48.89 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1975 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.4/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 14.78 AC | No. Drive In / Grade-Level Doors | 2 |
| Price | $1,399,000 |
| Price Per SF | $48.89 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 14.78 AC |
| Rentable Building Area | 28,614 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Tenancy | Single |
| Parking Ratio | 1.4/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- Conferencing Facility
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Gas
PROPERTY TAXES
| Parcel Number | 22-27-100-009 | Improvements Assessment | $236,192 |
| Land Assessment | $32,120 | Total Assessment | $268,312 |
PROPERTY TAXES
Parcel Number
22-27-100-009
Land Assessment
$32,120
Improvements Assessment
$236,192
Total Assessment
$268,312
ZONING
| Zoning Code | I1, I2, A1 (Zoned for the industrial and residential portion.) |
| I1, I2, A1 (Zoned for the industrial and residential portion.) |
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311 E Corning Rd
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