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    FOR SALE
    Industrial properties

    1915 Schram Ave, Hillsboro, IL 62049

    5.01 ac lot
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US28-0942886
    Property summary
    AI-generated overview

    This exceptional 106,200 square foot industrial property, situated on a 4.45-acre lot in Montgomery County, presents a significant opportunity. The single-story building, constructed in 1930 and extensively renovated in 2019, boasts a spacious 76,200 square feet of available warehouse space. The property features impressive ceiling heights ranging from 25 to 28 feet, providing ample vertical clearance for various industrial uses. Loading and unloading are facilitated by two 8'x10' dock high doors and two 14'x20' drive-in doors. Fifteen parking spaces are available on-site, ensuring convenient access for employees and visitors. The property benefits from robust 480V, 3-phase, 800 AMP electrical service, ideal for power-intensive operations. The 990-foot frontage provides excellent visibility and accessibility. The property is zoned for industrial use and is identified by APN 17-06-376-010. Annual property taxes are $12,925 per square foot. This well-maintained property offers a blend of historical character and modern functionality, making it an ideal location for a variety of industrial businesses. The significant square footage and excellent features make this a rare find in the Montgomery County market. Don't miss this chance to secure a prime industrial space.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 5.01 ac (218,236 SF)
    APN 17-06-376-017
    UPID US28-0942886
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Solarships Production Facility
    • Livingston Pipe and Tube Factory Metal Fabrication Plant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Raiders Holdings LLC · 4 yrs held
    Raiders Holdings LLC
    since 2022
    5 recorded transactions
    2023
    2022
    $650,000
    2022
    2021
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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