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    311 Corning Rd Beecher, IL 60401

    Sponsored
    For Sale
    $1,399,000

    Mixed-use property, 28,614 sq ft, 15 acres.

    Property size:
    28,614 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 15-acre property in Beecher, Illinois presents a rare opportunity for a diverse range of businesses. The site boasts approximately 28,614 square feet of industrial/warehouse space, divided between two primary structures. The front building offers a maximum ceiling height of 25 feet and a minimum of 16 feet, while the second building features a maximum ceiling height of 16 feet and a minimum of 14.6 feet. Ample power is available, with a 400A 3-phase panel (400A max) serving the central and western portions of the main building, and a 200A 1-phase panel (400A max) supplying the eastern section and select areas such as shipping and a computer room. The property also includes a separate office/storage frame building and a residential house currently rented month-to-month for $600. The zoning is a blend of I-1 and I-2 Industrial, and A-1 Agricultural (for the residential area). This property has served as the home of Union Electronics, an international consumer electronics and appliance parts supplier, for many years. The seller is relocating to a new facility within Beecher. Extensive steel racking and shelving are available, with terms negotiable. This versatile property offers significant potential for various industrial, warehousing, and even light manufacturing uses. The combination of ample space, robust power infrastructure, and the existing residential component makes this a truly unique offering.

    Property Features for 311 Corning Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    28,614 SF
    Lot Size
    653,400 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Wholesale Shop Electronics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Beecher
    County
    Will
    State
    Illinois
    Longitude
    -87.60406
    Latitude
    41.32529

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    FAQs

    What type of property is this?
    Commercial real estate - Mixed-use property, 28,614 sq ft, 15 acres.
    Where is this commercial real estate located?
    The property is located at 311 Corning Rd Beecher, IL.
    What is the asking price?
    The asking price for this property is $1,399,000.
    (708) 429-4300
    Request Owner's contact information
    311 Corning Rd Beecher, IL 60401
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    Beecher, IL 60401
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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
    311 Corning Rd Beecher, IL 60401
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