Property profile

400 S Railroad St Warren, IL 61087

FOR LEASE
Industrial (General)
Property ID
US28-3686222
5.28 ac lot Built 1968
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Property summary

AI-generated overview

Industrial property in Warren, Illinois totaling 33,720 square feet on 5.28 acres with convenient access to N IL 78. The layout includes a 1,320-square-foot front office area with offices, a front manufacturing building constructed in 1968 with 18,682 square feet that includes a showroom and additional office space, and a back warehouse area of 12,000 square feet suitable for multiple uses. The facility has three overhead doors with loading docks, 480-volt 3-phase electrical service, gas forced-air heaters serving the manufacturing and warehouse areas, and roof-mounted central air units for cooling. The offering includes the building and the underlying land.

Property profile

Verified
Property type Industrial (General)
Year built 1968
Lot 5.28 ac (229,997 SF)
APN 21-001-692-03
UPID US28-3686222

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

400 S Railroad St Warren, IL 61087
Warren metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2006
Last sale
$345,000
1 recorded transaction
2006
$345,000
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