987 Subic Rd, Dixon, IL 61021

This exceptional industrial portfolio in Dixon, IL, offers a compelling investment opportunity. Encompassing 184,284 square feet across eight warehouses, two pump houses, a water tower, and a sewage treatment plant situated on 59.22 acres, this fee-simple property presents significant income potential. The property boasts a 9.50% cap rate and a price per square foot of $21.56, with an asking price of $3,974,000. The existing infrastructure includes a recently upgraded water tower and a new sand filtration system for the sewage treatment plant, which generates substantial revenue through services to surrounding businesses. Further income streams are derived from warehouse leasing and forklift rentals. The property's strategic location in Dixon, Illinois, provides easy access to major interstates and proximity to significant industrial centers, including Rockford, Chicago, Peoria, and Moline. The nearby Union Pacific Global III Intermodal Facility in Rochelle enhances logistical advantages. This property presents a unique opportunity for an owner-user or investor seeking a high-yield, multi-faceted industrial asset with potential for revenue growth through increased water and sewer service rates and additional business acquisition. The property's General Industrial zoning allows for diverse uses. The APN numbers are: 02-15-08-300-016, 02-15-17-100-001, 02-15-18-200-008, 02-15-08-300-006, 02-15-08-300-011, 12-14-12-200-007, 02-15-07-100-014, 12-14-12-300-007, and 02-15-18-200-007. Built in 1942, the property is located at 987 Subic Rd and 1093 Corregidor Rd, Dixon, IL 61021.