Thompson Ave Hoopeston, IL 60942
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Rail-served industrial complex, 23,776 sq ft.
Property size:
23,776 SFProperty Features for 0 Thompson Ave
General Information
- Property type
- Distribution properties
- Square Feet
- 23,776 SF
- Lot Size
- 207,346 SF
Building Details
- Year Built
- 1960
Listing Agency: Coldwell Banker Commercial Devonshire Realty Listing Agent: Larry Kuchefski
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a substantial 23,776 square foot industrial complex situated on a 4.76-acre lot in Hoopeston, Illinois (APN: 03 11 200 005, 013). The property, zoned Commercial/Industrial, comprises several buildings including a 1,440 square foot office, a 2,560 square foot pole barn, a 5,760 square foot pole barn, and a 14,016 square foot block warehouse. A significant feature is the attached 3,520 square foot covered tank farm and a 500,000-gallon liquid storage tank, both with convenient rail access. Built in 1960, this former fertilizer facility is currently vacant and offers considerable potential for redevelopment. Note that a 20-year non-compete clause restricts the use of the property for the sale or distribution of agricultural chemicals, seed, or fertilizer. The property is conveyed via a special or limited warranty deed, subject to this restriction. Located in Hoopeston, a city with a population of 4,915 (2020 Census), the property benefits from its position at the intersection of Illinois Route 1 and Illinois Route 9, approximately one mile from the northern Vermilion County border. Hoopeston's economy has historically centered around agriculture and related industries. This property presents a unique opportunity for investors seeking a large-scale industrial space with rail access in a strategically located Illinois community.
Property Profile
Location Intelligence
Current Use by Public Records
Distribution centers
Map
- City
- Hoopeston
- County
- Vermilion
- State
- Illinois
- Longitude
- -87.6795644
- Latitude
- 40.473467
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FAQs
What type of property is this?
Distribution property - Rail-served industrial complex, 23,776 sq ft.
Where is this distribution property located?
The property is located at Thompson Ave Hoopeston, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: $175,000 asking price for this vacant industrial warehouse property.; 23,776 square feet total building area, including a 1,440 sf office, 2,560 sf pole barn, 5,760 sf pole barn, and 14,016 sf block warehouse with a 3,520 sf covered tank farm.; 4.76-acre lot with rail access to the tank farm and 500,000-gallon liquid storage tank.