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    OFF-MARKET
    Warehouses

    33289 1500 Ave, Spring Valley, IL 61362

    17,952 SF 6.2 ac lot Built 1970
    Property ID
    Property summary
    AI-generated overview

    This exceptional 17,952-square-foot industrial property, situated on a sizable 6.2-acre lot in Spring Valley, Illinois, presents a unique investment opportunity. The property, built in 1970, boasts a steel frame construction with a 14-foot ceiling height and is zoned Commercial, B3. The building features 16 loading docks, 6 dock-high doors, and ample space for shipping and receiving, totaling approximately 7,000 square feet with insulated walls. A substantial 5-acre graveled area provides extensive parking and staging for semi-trailers and tractors. The property also includes a 2,800-square-foot main floor office space and an additional 2,360-square-foot basement area. The former truck terminal is secured by a chain-link fence and gated entrance, ensuring a high level of security. The asking price is $1,100,000, translating to $39.55 per square foot. Additional features include 6 drive-in doors accessing a 5,792-square-foot service and maintenance area, and three-phase power. The property's location in Bureau County, Illinois, with the address 33289 1500 N Ave, zip code 61362, offers convenient access to major transportation routes. This property is currently vacant and ready for immediate occupancy.

    Property profile
    Verified
    Property type Warehouses
    Year built 1970
    Total area 17,952 SF
    Lot 6.2 ac (270,072 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
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