400 Madison St Towanda, IL 61776
This exceptional 3,850-square-foot Class A flex building, located at 400 S Madison St in Towanda, IL 61776, presents a unique investment opportunity. Formerly a fire station, this single-story structure offers a blend of modern amenities and industrial functionality. The property features four overhead doors, each with garage door openers and remotes, ensuring easy access for various uses. The interior boasts polished concrete floors throughout the office and warehouse areas, providing a durable and attractive finish. The air-conditioned office space includes a large open area, a private office, and two restrooms—one equipped with a mop sink. Modern upgrades include LED lighting, a surround sound system, new man doors, and two hanging heaters. The building is pre-wired for a generator (generator not included). All shelving units are included in the sale. Conveniently located off I-55, exit 171, this property offers easy access to Normal and Bloomington. The block structure and steel roof promise low-maintenance ownership. This vacant property is priced at $479,000, or $124.42 per square foot. Don't miss this chance to own a versatile and well-maintained industrial space in a prime location.
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Baillie Industries Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.