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Thompson Ave Hoopeston, IL 60942

Sponsored
For Sale
$175,000

Rail-served industrial complex, 23,776 sq ft.

Property size:
23,776 SF

Description

Added:
Dec 11, 2024
Days on Market:
396
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 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

HighLights

  • $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.
  • Built in 1960, with Commercial/Industrial zoning.
  • Located in Hoopeston, IL (60942), Vermilion County, on Thompson Ave. Subject to a 20‑year non‑compete clause restricting the sale or distribution of agricultural chemicals, seed, or fertilizer.
Property Profile Location Intelligence

Current Use by Public Records

Distribution centers

Map

City
Hoopeston
County
Vermilion
State
Illinois
Longitude
-87.6795644
Latitude
40.473467

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.
More about this property
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