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    1915 Schram Ave Hillsboro, IL 62049

    For Sale
    $500,000

    60,000 SF warehouse on 11 acres, finish-to-suit opportunity.

    Property size:
    60,000 SF
    Lot size:
    11.01 Acres

    Property Features for 1915 Schram Ave

    General Information

    Size
    60,000 SF
    Lot size
    11.01 Acres

    Source: BARBERMurphy Agent Steve C Zuber

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    60,000 SF Warehouse on 11 Acres

    The property features a 60,000 square foot warehouse situated on 11 acres. This is the former Hillsboro Glass Plant. The warehouse is offered as a finish-to-suit opportunity. Rail spurs are partially intact, though switches have been removed. An adjacent 100,000 square foot warehouse is also available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Solarships Solar Energy Equipment Supplier Livingston Pipe and Tube Pipe Supplier

    Suggested Use

    Restaurant Hair Salon Building Supply Auto Repair Shop Skin Care Clinic Gym & Fitness Wholesale Shop Daycare Center Kitchen & Bath Bar & Pub

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

    Similar Places Nearby

    Central Illinois Storage, E C Mini Storage, Hillsboro Mini Storage

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Montgomery
    State
    Illinois
    Longitude
    -89.469626
    Latitude
    39.158899

    Nearby Similar for Sale

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      115 Hamilton St, Hillsboro, IL 62049
      View Details
    • $159,900
      0.59 Acres

      Hillsboro Bowling Alley - Turnkey Business

      Established Bowling Alley, 9400+ sq ft, 0.59 acres
      217 Main St, Hillsboro, IL 62049
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    • $500,000
      60,000 SF

      Hillsboro Warehouse: Redevelopment Opportunity

      11-Acre Industrial Site, 60,000 SF Warehouse
      1915 Schram Ave, Hillsboro, IL 62049
      View Details

    FAQs

    What type of property is this?
    Warehouse - 60,000 SF warehouse on 11 acres, finish-to-suit opportunity.
    Where is this warehouse located?
    The property is located at 1915 Schram Ave Hillsboro, IL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - 60,000 SF Warehouse – **Finish-to-Suit**; - 11 Acre Property; - Adjacent 100,000 SF Warehouse also available for sale.
    (618) 277-4400
    Request Owner's contact information
    1915 Schram Ave Hillsboro, IL 62049
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    Hillsboro, IL 62049
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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
    1915 Schram Ave Hillsboro, IL 62049
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