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    2649 900 East Rd Ashkum, IL 60911

    For Sale
    $900,000

    Spacious warehouse, excellent condition, I-57 access.

    Property size:
    50,816 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional business opportunity presents a substantial warehouse complex ideally situated directly on I-57 in Ashkum, Illinois. The property encompasses a total of 50,816 square feet across multiple buildings. The main warehouse, a steel structure measuring 125 feet by 150 feet, boasts a 19-foot eave height, a 25-foot peak, and ample loading capabilities. This includes a 62-foot by 44-foot loading dock equipped with one auto leveler and three 22-foot by 14-foot access doors. All structures are in excellent condition. An attached building, constructed in 1993 and measuring 100 feet by 150 feet, offers additional space with five doors and four auto levelers, plus three more doors of varying sizes. The property also includes an original building, primarily wood construction, featuring a 16-foot by 26-foot second-story office, and an additional 1600 square feet of office space with three workspaces, a break room, copy room, and bathroom. The property sits on a 2.63-acre lot and benefits from two generators and three-phase electricity. Previously used as a tire warehouse, this versatile space is ready for immediate occupancy. The strategic I-57 location provides unparalleled access to major transportation routes. This is a rare opportunity to acquire a well-maintained, high-capacity warehouse in a prime location.

    Property Features for 2649 900 East Rd

    General Information

    Property type
    Investment properties
    Square Feet
    50,816 SF
    Lot Size
    114,563 SF

    Building Details

    Year Built
    1993
    Location Intelligence

    Current Use by Public Records

    Truck & Farm Services Tire Shop Statewide Tire Distributors, ... Warehouse Meier Brothers Tire Tire Shop

    Suggested Use

    Auto Repair Shop Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashkum
    County
    Iroquois
    State
    Illinois
    Longitude
    -87.96252
    Latitude
    40.89086

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    FAQs

    What type of property is this?
    Investment property - Spacious warehouse, excellent condition, I-57 access.
    Where is this investment property located?
    The property is located at 2649 900 East Rd Ashkum, IL.
    What is the asking price?
    The asking price for this property is $900,000.
    (815) 939-1255
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    2649 900 East Rd Ashkum, IL 60911
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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
    2649 900 East Rd Ashkum, IL 60911
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