Property profile

4557 Il-173 Caledonia, IL 61011

OFF-MARKET
Warehouses
6,104 SF Built 1970
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 1970
Total area 6,104 SF

Cap rate & NOI

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

Location

4557 Il-173 Caledonia, IL 61011
Caledonia 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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