Property summary
This expansive 127,631 square foot office building in Annapolis, Illinois, presents a unique investment opportunity at an asking price of $150,000. Situated on approximately three acres at 7250 E 2000th Ave, zip code 62413, the property boasts significant under-roof storage space exceeding 12,000 square feet. The property includes a substantial heated automotive/equipment repair shop, fully equipped with motor hoists, three-phase electric service, an air compressor, a designated welding area, ample workbenches, and convenient bathroom, breakroom, and office space. The expansive parking area easily accommodates buses, semi-trucks, trailers, and construction equipment. The property was formerly used as a fertilizer facility; however, the current owners are actively removing existing hoppers, bins, and storage containers to prepare the space for a new owner's intended use. This presents a blank canvas for a variety of commercial ventures, capitalizing on the existing infrastructure and substantial square footage. The property's location in Annapolis, Illinois, offers easy access to key transportation routes. This is a rare opportunity to acquire a large-scale commercial property at a highly competitive price.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store Agricultural Supply
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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