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    1001 College St Venice, IL 62060

    Sponsored
    For Lease
    $3 SF/Yr

    Large industrial warehouse, immediate occupancy.

    Lot size:
    1,346,268 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial warehouse, located at 1001 College St (Building 7) in Venice, Illinois, offers a significant opportunity for businesses seeking flexible and spacious accommodations. The property, boasting a total of 1,346,268 square feet, features a single-story design with a remarkable 60-foot ceiling height. Currently, 103,125 contiguous square feet of warehouse space is immediately available for lease, with a minimum divisible space of 42,500 square feet. The building underwent extensive renovations in 2022, ensuring modern functionality and efficiency. Built in 1946, this warehouse is zoned for industrial use and features one drive-in door for convenient loading and unloading. Ample parking is provided with 20 spaces available on-site. The property's location in Madison County, Illinois, offers excellent access to major transportation routes, making it an ideal location for distribution and logistics operations. The APN is 211192600000013. This is a rare opportunity to secure a substantial, well-maintained warehouse space in a prime industrial location. The property is ready for immediate occupancy. Contact us today to schedule a viewing.

    Property Features for 1001 College St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,346,268 SF
    Total Rate
    392661.5

    Building Details

    Year Built/Renovated
    1946/2022
    Stories
    1

    Unit(s) available at that property

    Space
    Building 7
    Size
    103,125 SF
    Rate per SF
    $3

    HighLights

    • 1,346,268 SF single‑story industrial warehouse in Venice, IL (Building 7), with 103,125 SF immediately available for lease (minimum 42,500 SF).
    • Recently renovated (2022), featuring 60' ceilings and one drive‑in door.
    • Includes 20 on‑site parking spaces and is conveniently located in Madison County, IL, offering excellent access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Venice
    County
    Madison
    State
    Illinois
    Longitude
    -90.1670563
    Latitude
    38.6882461

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    FAQs

    What type of property is this?
    Distribution property - Large industrial warehouse, immediate occupancy.
    Where is this distribution property located?
    The property is located at 1001 College St Venice, IL.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 1,346,268 SF single-story industrial warehouse in Venice, IL (Building 7), with 103,125 SF immediately available for lease (minimum 42,500 SF).; Recently renovated (2022), featuring 60' ceilings and one drive-in door.; Includes 20 on-site parking spaces and is conveniently located in Madison County, IL, offering excellent access to major transportation routes.
    Request Owner's contact information
    1001 College St Venice, IL 62060
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    Venice, IL 62060
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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
    1001 College St Venice, IL 62060
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