306 Harlan StNeponset, IL 61345

  • Other commercial real estate
  • 2.47 AC
For Sale
$70,000 View listing

Property Details for 306 Harlan St

Lot size
2.47 AC
Property type
Other commercial real estate
APN
19-10-426-001
APU
1910426001

Description

This exceptional commercial property at 306 N Harlan Street, Neponset, Illinois, presents a significant opportunity for investors and entrepreneurs. The property boasts a substantial 11,436 square feet of space, situated on a generous 2.3-acre lot. The main structure is a steel building, originally constructed in 1970 (4,680 sq ft), featuring a concrete Butler building design. A substantial addition, completed in 1991, adds 6,756 square feet of versatile shop space. This addition is equipped with robust 10-inch thick concrete floors, ensuring durability and longevity. Practical features include exhaust fans, hanging gas forced air furnaces, a convenient loading dock, and multiple overhead doors, facilitating efficient operations. The entire building is fully insulated, providing energy efficiency. While the building and exterior show some signs of wear, with minor repairs and cosmetic updates, it could be readily adapted for a wide range of commercial uses. The front office area requires roof replacement. Note that a cell tower located on a separate parcel is not included in this sale. This property is ideal for businesses seeking ample space and a strategic location, or for those looking for a large-scale storage facility. The combination of size, location, and potential makes this a truly compelling investment opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $22,236,664
    Hospitality
    $20,368,664
    Educational
    $16,946,490
    Medical
    $17,529,306
    Retail
    $26,361,206
306 Harlan St, Neponset, Illinois

Location Insight

City
Neponset
County
Bureau
State
Illinois
Latitude
41.2997
Longitude
-89.7842
CBSA code
36837
CBSA name
OTTAWA, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,965
$9,516
$12,929
$22,445
-
$28,548
$38,787
$67,335

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