Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $660,000
    Industrial properties

    2235 Cornell Ave, Montgomery, IL 60538-3201

    7,029 SF 0.49 ac lot Built 1998
    Entity Owned ~ Est. High Equity
    Property ID
    US28-1693735
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1998
    Construction MIXED
    Total area 7,029 SF
    Lot 0.49 ac (21,344 SF)
    APN 15-30-326-045
    UPID US28-1693735
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $660k
    CAP Approach CAP
    $465k
    Comparable Approach Comparable
    $665k
    Blend (final) Blend
    $660k
    Owner & transaction history
    Next Capital Ventures LLC
    Next Capital Ventures LLC
    since 2025
    Last sale
    $660,000
    5 recorded transactions
    2025
    2024
    $660,000
    1998
    $445,001
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 2235 Cornell Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    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