Property profile

33289 1500 Ave Spring Valley, IL 61362

OFF-MARKET
Warehouses
17,952 SF 6.2 ac lot Built 1970
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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

Location

33289 1500 Ave Spring Valley, IL 61362
Spring Valley metro
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Value estimations

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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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