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Property profile & analytics

3471 Union Dr Olney, IL 62450

  • Industrial properties
  • 10.39 lot acres
Value Estimation
Location Intelligence
Property ID
US28-4084374
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 3471 Union Dr

Lot size
10.39 lot acres
Property type
Industrial properties
APN
11-15-200-031
APU
1115200031

Description

This exceptional commercial property in Olney, Illinois, presents a significant investment opportunity. Situated on over 10.03 acres of fenced land, the property boasts a substantial 99,000 square foot steel-frame building, offering a versatile blend of warehouse and office space. The expansive warehouse area features impressive ceiling heights ranging from 25 to 30 feet, providing ample vertical storage capacity. Efficient operations are facilitated by the inclusion of six dock doors, ensuring seamless loading and unloading. Maintaining a comfortable interior environment year-round is made easy with the installed hanging heaters. Ample parking is available on-site, accommodating both employees and visitors. The property's substantial size and versatile layout make it ideal for a wide range of commercial uses, from distribution and logistics to manufacturing and storage. The combination of generous acreage, substantial building size, and practical features makes this property a rare find in the Olney market. Its strategic location offers excellent accessibility and visibility, further enhancing its appeal to discerning investors and businesses seeking a prime location for their operations. This property is ready for immediate occupancy and presents a unique opportunity to acquire a significant commercial asset in a thriving community. The 10+ acres of fenced land provide ample room for expansion or future development.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Olney
County
Richland
State
Illinois
Longitude
-88.0791
Latitude
38.6966

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
$34,309
$18,806
$546,808
$565,614
-
$56,418
$1,640,424
$1,696,842
More about this property
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