Technical
Financial
Distress signals
Property profile

311 Corning Rd Beecher, IL 60401

OFF-MARKET
Commercial real estate
28,614 SF 15 ac lot Built 1975
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Property summary

AI-generated overview

This exceptional 15-acre property in Beecher, Illinois presents a rare opportunity for a diverse range of businesses. The site boasts approximately 28,614 square feet of industrial/warehouse space, divided between two primary structures. The front building offers a maximum ceiling height of 25 feet and a minimum of 16 feet, while the second building features a maximum ceiling height of 16 feet and a minimum of 14.6 feet. Ample power is available, with a 400A 3-phase panel (400A max) serving the central and western portions of the main building, and a 200A 1-phase panel (400A max) supplying the eastern section and select areas such as shipping and a computer room. The property also includes a separate office/storage frame building and a residential house currently rented month-to-month for $600. The zoning is a blend of I-1 and I-2 Industrial, and A-1 Agricultural (for the residential area). This property has served as the home of Union Electronics, an international consumer electronics and appliance parts supplier, for many years. The seller is relocating to a new facility within Beecher. Extensive steel racking and shelving are available, with terms negotiable. This versatile property offers significant potential for various industrial, warehousing, and even light manufacturing uses. The combination of ample space, robust power infrastructure, and the existing residential component makes this a truly unique offering.

Property profile

Verified
Property type Commercial real estate
Year built 1975
Total area 28,614 SF
Lot 15 ac (653,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Electronics & Wireless Store

Location

311 Corning Rd Beecher, IL 60401
Beecher metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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