33289 1500 Ave, Spring Valley, IL 61362
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.