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    726 Main St Worden, IL 62097

    For Sale
    $750,000

    Industrial property with warehouse space and outdoor storage.

    Property size:
    12,808 SF
    Lot size:
    12.17 Acres

    Property Features for 726 Main St

    General Information

    Size
    12,808 SF
    Lot size
    12.17 Acres

    Source: BARBERMurphy Agent Steve C Zuber

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

    Overview

    Warehouse Property on 11.31 Acres

    This industrial property is situated on 11.31 acres and includes two buildings totaling 13,400 square feet of warehouse space. The warehouses, located at 655 Main Street and 726 Main Street, are currently leased by three tenants on short-term leases. The building at 655 Main Street is a 2,400 square foot wood frame warehouse with metal skin, while the building at 726 Main Street is a 10,408 square foot wood frame warehouse with metal skin. Approximately 6.5 acres are improved with rock for outdoor storage and leased by two tenants. There are also 2 acres of farm ground available for further development. The total net annual income is $23,808.24. All leases are at below-market value lease rates.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Accounting Firm Storage Facility Bar & Pub Pawn Shop Wine and Liquor Store Pet Grooming Service

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

    Similar Places Nearby

    Foster's Indoor Storage, Worden Storage

    Location Insight

    • Map
    • Local Demand
    City
    Worden
    County
    Madison
    State
    Illinois
    Longitude
    -89.84083
    Latitude
    38.92834

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    FAQs

    What type of property is this?
    Warehouse - Industrial property with warehouse space and outdoor storage.
    Where is this warehouse located?
    The property is located at 726 Main St Worden, IL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - 11.31 acre industrial property with two warehouses totaling 13,400 sf.; - +\/- 6.5 acres improved with rock for outdoor storage, currently leased.; - Additional 2 acres of farm ground available for further development.
    (618) 277-4400
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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
    726 Main St Worden, IL 62097
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