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    209 Bridge Street Eleroy, IL

    Sponsored
    For Sale
    $2,000,000

    Five buildings, rail-adjacent, high visibility.

    Property size:
    914,760 SF

    Description

    Added:
    Jan 29, 2025
    Days on Market:
    342
    This exceptional 21-acre industrial property in Eleroy, Illinois, presents a unique investment opportunity. The complex comprises five ambient buildings totaling 914,760 square feet, ideally suited for various industrial uses. Currently utilized for animal feed ingredient mixing and storage, serving the regional daily shed, this property offers significant potential for expansion or repurposing. Its strategic location provides high visibility from Highway 20 to the south, and its rail adjacency to the Canadian National line to the north offers significant logistical advantages. The addition of a rail spur is a feasible option, further enhancing operational efficiency and distribution capabilities. The property is listed at $2,000,000. The substantial building size, combined with the ample land area and prime location, makes this a compelling investment for businesses seeking a well-established industrial facility with significant growth potential. The property's current configuration and operational history provide a solid foundation for a variety of future uses. Serious inquiries are encouraged.

    Property Features for 209 Bridge Street

    General Information

    Property type
    Other industrial properties
    Square Feet
    914,760 SF
    Price / Square Foot
    $2
    Elevators
    N/A
    Lot Size
    914,760 SF

    Building Details

    Buildings
    5
    Stories
    1

    HighLights

    • Five ambient buildings totaling 914,760 square feet on 21 acres.
    • Strategically located in Eleroy, IL, with high visibility from Highway 20.
    • Rail‑adjacent to Canadian National, with potential for rail spur addition.
    Location Intelligence

    Current Use by Public Records

    Furst McNess Feed Manufacturer ELEROY SCALE Weigh Station

    Suggested Use

    Wholesale Shop Auto Repair Shop Grocery Store Storage Facility Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eleroy
    State
    Illinois
    Longitude
    -89.758684
    Latitude
    42.331281

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    FAQs

    What type of property is this?
    Industrial property - Five buildings, rail-adjacent, high visibility.
    Where is this industrial property located?
    The property is located at 209 Bridge Street Eleroy, IL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Five ambient buildings totaling 914,760 square feet on 21 acres.; Strategically located in Eleroy, IL, with high visibility from Highway 20.; Rail-adjacent to Canadian National, with potential for rail spur addition.
    (312) 589-8844
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    209 Bridge Street Eleroy, IL
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