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Commercial Warehouse Outbuilding
New
For Sale
$39,900

503 E Third Street, Armington, IL 61721

Commercial Sale, Armington, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market3

Property Features for 503 E Third Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions 55 S to MCL exit, W on Rt 136, R @ ARM exit, turn L, property ahead
Subdivision Armington
Standard status Active
APN 232322415004
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 533

Utilities

Sewer type Septic Tank
Cooling system Central Air

Building Details

Year built 1972
Floors in Building 1
Number of units 1
Building materials Steel Siding
Roof type Metal
Listing Agency: RE/MAX Rising · RE/MAX International
Listed By: Ashley Brownfield
Added: Aug 26 Last Checked: Aug 28 at 11:06AM
MLS# 12743098

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1972 warehouse outbuilding offers a compact commercial property configuration on 0.1377 acres. The structure has steel siding, a metal roof, and central air, with septic service supporting the site. Commercial zoning is identified as COMMR.

The property is located in Armington, approximately 20 minutes from Bloomington. Its existing form may accommodate storage, equipment keeping, hobby activities, or business-related use, subject to applicable requirements. The property is offered as-is.

Key Highlights

  • Commercial zoning identified as COMMR
  • 1972 warehouse outbuilding on 0.1377 acres
  • Steel siding and metal roof construction

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Auto Parts Store Food Market Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61721, IL

565
Population
236
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
34.2 sq mi
ZIP Area
17
Density / Sq Mi
$89,000
Median Household Income
$40,268
Median Earnings
$1,375
Median Rent
$132,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Grainland Cooperative - Armington site 998 Rte 136 Spur #2, Armington, IL 61721

Frequently Asked Questions

What type of property is this?
Warehouse - Commercially zoned outbuilding with central air and a metal roof for storage or business-related use.
Where is this warehouse located?
The property is located at 503 E Third Street Armington, IL.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Commercial zoning identified as COMMR; 1972 warehouse outbuilding on 0.1377 acres; Steel siding and metal roof construction
More about this property
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