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    OFF-MARKET
    Commercial real estate

    311 Corning Rd, Beecher, IL 60401

    28,614 SF 15 ac lot Built 1975
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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