6303 Maxon Rd Harvard, IL 60033
- Industrial properties
- 14.49 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 6303 Maxon Rd
- Lot size
- 14.49 lot acres
- Property type
- Industrial properties
- APN
- 01-32-477-014
- APU
- 132477014
Description
This exceptional 180,500-square-foot industrial property, located at 6303 Maxon Rd, Harvard, IL 60033, presents a unique investment opportunity. The two-story building, formerly a milk processing plant, sits on a substantial 24.7-acre site and offers a versatile layout suitable for various industrial uses, including distribution, manufacturing, and refrigerated/cold storage. The building features a footprint of 115,318 square feet, complemented by approximately 25,000 square feet of space in nine ancillary buildings. The property boasts impressive features such as 12'6"-26' clear ceiling heights, 21 exterior docks, and four truck-height drive-through overhead doors. Extensive on-site parking accommodates approximately 100 trailers in one area and an additional 65 trailers in a separate location, along with parking for 80 cars and 8 motorcycles. The building's construction includes concrete, brick, and metal panels. Significant improvements include 35 food-grade holding tanks, two resin silos, an on-site wastewater treatment plant, three potable water wells, a water tower, and two 4,000-amp electrical services. The property's strategic location borders the Union Pacific Chicago Chemung Rail Spur, is just north of Route 173, and is less than 19 miles from I-90. Floor drains are installed throughout the building. This property is situated in an Opportunity Zone. The former milk processing equipment is available for separate purchase.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $535,000
- 6.5%
- $445,000
- 7%
- $530,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $440,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $495,000
- Retail
- $495,000
- Mixed-Use
- $490,000
- Hospitality
- $455,000
- Educational
- $430,000
- Residential Income
- $395,000
- Energy
- $425,000
- Income-Based Land
- $505,000
- Food Service
- $550,000
Location Insight
- Map
- Local Demand
- City
- Harvard
- County
- Mchenry
- State
- Illinois
- Longitude
- -88.6692
- Latitude
- 42.4169
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA