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    OFF-MARKET Estimated value $30,960,000
    Industrial properties

    1125 Sycamore Rd, Manteno, IL 60950-9396

    50.11 ac lot
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US28-4693521
    Property summary
    AI-generated overview

    This exceptional Manteno, Illinois industrial property, located at 1125 Sycamore Rd, 60950, offers an unparalleled opportunity. The 3,648,020 square foot facility sits on a substantial 34-acre lot in Kankakee County and boasts a flexible layout ideal for various commercial uses. Currently entirely vacant, the property features six suites, with minimum divisible space of 261,800 square feet and maximum contiguous space of 1,231,040 square feet. Built in 1999, this two-story building includes 84 dock-high doors and ample parking for 510 vehicles. High ceilings ranging from 41 to 50 feet provide significant vertical space. The property is equipped with robust power options, including 3,000 amp and 4,000 amp service at 277/480 volts. Its strategic location and significant size make it a prime candidate for large-scale distribution, cold storage, or warehousing operations. The expansive acreage allows for future expansion or development to meet evolving business needs. This is a rare opportunity to acquire a substantial, fully vacant industrial complex in a prime location. The property's features, including its size, power capacity, and cold storage capabilities, make it a highly desirable asset for businesses seeking significant space and operational flexibility.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 50.11 ac (2,182,792 SF)
    APN 03-02-22-400-009
    UPID US28-4693521
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • McKesson Distribution Center Warehouse & Storage
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $30.96M
    Owner & transaction history
    Cre Provender Manteno LLC · 4 yrs held
    Cre Provender Manteno LLC
    since 2021
    Last sale
    $30.0M
    2 recorded transactions
    2021
    2021
    $30.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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