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    306 Harlan St Neponset, IL 61345

    Sponsored
    For Sale
    $70,000

    Spacious steel building, 11,436 sq ft, 2.3 acres.

    Property size:
    11,436 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 306 N Harlan Street, Neponset, Illinois, presents a significant opportunity for investors and entrepreneurs. The property boasts a substantial 11,436 square feet of space, situated on a generous 2.3-acre lot. The main structure is a steel building, originally constructed in 1970 (4,680 sq ft), featuring a concrete Butler building design. A substantial addition, completed in 1991, adds 6,756 square feet of versatile shop space. This addition is equipped with robust 10-inch thick concrete floors, ensuring durability and longevity. Practical features include exhaust fans, hanging gas forced air furnaces, a convenient loading dock, and multiple overhead doors, facilitating efficient operations. The entire building is fully insulated, providing energy efficiency. While the building and exterior show some signs of wear, with minor repairs and cosmetic updates, it could be readily adapted for a wide range of commercial uses. The front office area requires roof replacement. Note that a cell tower located on a separate parcel is not included in this sale. This property is ideal for businesses seeking ample space and a strategic location, or for those looking for a large-scale storage facility. The combination of size, location, and potential makes this a truly compelling investment opportunity.

    Property Features for 306 Harlan St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    11,436 SF
    Lot Size
    100,188 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Bar & Pub Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Neponset
    County
    Bureau
    State
    Illinois
    Longitude
    -89.78418
    Latitude
    41.29924

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious steel building, 11,436 sq ft, 2.3 acres.
    Where is this commercial real estate located?
    The property is located at 306 Harlan St Neponset, IL.
    What is the asking price?
    The asking price for this property is $70,000.
    Request Owner's contact information
    306 Harlan St Neponset, IL 61345
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    Neponset, IL 61345
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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
    306 Harlan St Neponset, IL 61345
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