Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

2235 Cornell Ave Montgomery, IL 60538-3201

  • Industrial properties
  • 7,029 SF
  • 0.49 lot acres
OFF-MARKET
Last Sale
Jun 04, 2024
$660,000
Value Estimations
$660,000
Show details
Cap Rate Potential
4.6%
Industrial properties
Location Intelligence
Property ID
US28-1693735
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Industrial properties

Property Details for 2235 Cornell Ave

Year built
1998
Construction
MIXED
Lot size
0.49 lot acres
Property size
7,029 SF
Property type
Industrial properties
APN
15-30-326-045
APU
1530326045

Description

This exceptional 7,000-square-foot warehouse, located at 2235 Cornell Avenue in Montgomery, Illinois, presents a significant opportunity for businesses seeking a single-tenant industrial space. Situated on a 0.49-acre lot within Kane County's M-1 (Light Manufacturing District) zoning, this property offers ample space and flexibility. The warehouse boasts impressive ceiling heights ranging from 18 to 20 feet, providing generous vertical storage capacity. Power is readily available with an 800-amp, 3-phase electrical service, ensuring sufficient capacity for various industrial operations. The entire 7,000 square feet is currently vacant and ready for immediate occupancy. The property's convenient location in Montgomery, Illinois, zip code 60538, offers easy access to major transportation routes, streamlining logistics and distribution. This single-tenant warehouse is ideal for a variety of light manufacturing, distribution, or storage needs. The property's zoning allows for a range of compatible uses within the M-1 designation. This is a rare opportunity to secure a well-located, spacious, and functional industrial property in a thriving area. Inquire today to learn more about leasing this exceptional warehouse.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $660,000
    ML approach
    $660,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $664,000
    Market price range: $446k - $812k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Montgomery
County
Kane
State
Illinois
Longitude
-88.3726
Latitude
41.742
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
2022
$10,009
$24,141
$100,178
$124,319
-
$72,423
$300,534
$372,957
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message