Property summary
This exceptional turn-key opportunity presents a well-established automotive salvage business ideally located on Illinois Route 130, roughly five miles north of Albion, Illinois. The property encompasses ten acres of fenced land boasting over 600 feet of highway frontage, ensuring high visibility and accessibility. The existing buildings comprise a substantial 6,392 square feet of workshop and storage space, perfectly suited for the continued operation of the business. In addition, there is a 1,440 square foot office area with an attached two-car garage, providing ample space for administrative functions and employee needs. The sale includes approximately 300 salvage vehicles, a diverse inventory of engines, transmissions, and various parts, along with a Deutz 7085 tractor equipped with a loader. This comprehensive package offers immediate operational capabilities and significant potential for growth. The property's address is 506 County Rd 1375 N, Albion, IL 62806. The asking price for this mixed-use property is $250,000. This is a rare opportunity to acquire a profitable, established business with significant assets. The property consists of two buildings.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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