4557 Il-173, Caledonia, IL 61011
This exceptional opportunity presents a turnkey salvage yard operation encompassing a 6,104-square-foot warehouse situated on a substantial 4.63-acre lot (201,683 sq ft) in Caledonia, Illinois. The property, located at 4557 IL-173, boasts a prime location at the intersection of Highways 173 and 76, benefiting from high visibility and convenient access. The single-story warehouse, built in 1970, features three dock-high doors, facilitating efficient loading and unloading. Currently zoned I-1 (Light Industrial), the property offers significant potential for various uses. The sale includes the land, the established business, and its existing inventory; however, the land can also be purchased separately. The asking price for the entire package (land, business, and inventory) is $1,800,000, while the land alone is priced at $1,700,000. Detailed inventory lists and financial records are available upon execution of a non-disclosure agreement. The property's APN is 0323100002. This is a rare opportunity to acquire a well-established business with significant land holdings in a desirable location. Don't miss out on this unique investment prospect.
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
Similar Nearby for Sale
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.