Listing Agency: Adam Merrick Real Estate

Listed By: Adam Merrick (adam@adammerrick.com)

Source: Curveyrealestate

Added: Jun 27 Changed: Aug 8 Last Checked: Aug 21 at 7:56AM

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Investment Insights

Based on property information with market context.

This fully operational grain elevator is built for high-throughput storage and handling. The facility includes a newer 515,000-bushel bin, and it is supported by a total storage capacity of over 1.7 million bushels. Grain handling is enabled by a main house pit with 300-bushel capacity and a 6,000 BPH unloading rate, along with a separate pit holding 3,000 bushels and equipped with a 15,000 BPH leg. On-site office space totals 600 square feet and includes a 200-square-foot tool shop.

Recent capital improvements support current operations and planned growth. The electrical systems and core infrastructure have been upgraded within the last five years, positioning the facility to accommodate future expansion. The property also offers ample land for additional development. The elevator is offered as part of a package deal that includes 600 S. Broadway St in Manito.

For agricultural operators and buyers seeking a turnkey grain storage operation, this asset provides substantial capacity, established pits and equipment for unloading, and an on-site office and tool workspace. The modernization and upgrade history, combined with available development land, make it particularly suited for a business looking to maintain reliable handling while planning for additional capacity over time.

Key Highlights

• Fully operational grain elevator in Forest City, IL with total storage capacity over 1.7 million bushels
• Newer 515,000‑bushel bin plus additional storage with a main house pit (300 bushels) and separate 3,000‑bushel pit
• High‑throughput handling: 6,000 BPH unloading rate at the main house pit and 15,000 BPH leg on the separate pit

Property Analytics

Property Profile

Current Use

Farms

Suggested Use

Top Pick Pet Store & Service Accounting Firm Restaurant Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Explore this area Business Placement

Demographics for 61532, IL

475

Population

203

Households

2.3

Avg Household Size

45

Median Age

20%

College-Educated

97%

High-School Grad

30.8 sq mi

ZIP Area

15

Density / Sq Mi

$52,857

Median Household Income

$29,911

Median Earnings

$856

Median Rent

$110,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Farm - Fully operational grain elevator with large bin storage and recent electrical and infrastructure upgrades for scalable handling.

Where is this farm located?

The property is located at 102 S Broadway Street Unit #1-6 Forest City, IL.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Fully operational grain elevator in Forest City, IL with total storage capacity over 1.7 million bushels; Newer 515,000‑bushel bin plus additional storage with a main house pit (300 bushels) and separate 3,000‑bushel pit; High‑throughput handling: 6,000 BPH unloading rate at the main house pit and 15,000 BPH leg on the separate pit