140 Lewis Park DrMount Zion, IL 62549

  • Other commercial real estate
  • 1.94 AC
For Sale
$875,000 View listing

Property Details for 140 Lewis Park Dr

Year built
1978
Lot size
1.94 AC
Zone code
MUNICIPAL
Property type
Other commercial real estate
APN
12-17-03-104-056
APU
121703104056

Description

This exceptional 25,000-square-foot industrial facility in Mount Zion, Illinois, presents a compelling investment opportunity. Located on nearly two acres (1.94 acres to be exact) at 140 Lewis Park Dr, 62549, this Class B building offers a versatile layout ideal for various industrial uses. Previously occupied by a construction company, the property boasts nine updated office spaces, a reception area, conference rooms, and an employee kitchen/break room. A fully built-out apartment on the upper floor provides additional space, potentially usable as living quarters or a showroom. The building features four overhead doors (two 10x10, one 12x12, and one 14x12) and ceiling heights ranging from 13 to 17 feet. An additional 138ft x 55ft workshop area with individual workspaces is also included. The red iron steel structure is in excellent condition, and the property benefits from fantastic curb appeal. The property is zoned for industrial use and is offered for sale at $875,000. This single-tenant, two-story building presents a rare opportunity in a growing area with new developments nearby. The property's features include a combination of distribution, flex, and warehouse space, making it suitable for a wide range of businesses. The parcel number is 12-17-03-104-056.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $23,606,192
    Hospitality
    $21,623,146
    Educational
    $17,990,204
    Medical
    $18,608,914
    Retail
    $27,984,760
140 Lewis Park Dr, Mount Zion, Illinois
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Location Insight

City
Mt Zion
County
Macon
State
Illinois
Latitude
39.7833
Longitude
-88.8685
CBSA code
19500
CBSA name
DECATUR, IL METROPOLITAN 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
2023
$8,179
$33,914
$66,244
$100,158
-
$101,752
$198,752
$300,504

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