Forest City, IL 61532,102 S BROADWAY ST #1-6
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Forest City, IL 61532,102 S BROADWAY ST #1-6
Forest City, IL 61532,102 S BROADWAY ST #1-6
Forest City, IL 61532,102 S BROADWAY ST #1-6
Forest City, IL 61532,102 S BROADWAY ST #1-6
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Listed by AdamJ Merrick • Adam Merrick Real Estate
$ 3,200,000
Est. payment /mo
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Active

102 S BROADWAY ST #1-6 Forest City, IL 61532

1,735,755 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,735,755 sqft

Price per Sqft $1

MLS Listing ID PA1261797

Annual Tax Amount $32,887

Tax Year 2024

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type Commercial

Source rmlsa

Property Description

High capacity grain elevator with expansion potential in Forest City, IL. Presenting a significant opportunity to acquire a fully operational grain elevator. This turnkey facility boasts a total storage capacity of over 1.7 million bushels, making it a strategic asset for any agricultural enterprise. Key among its features is a newer 515,000 bushel bin, reflecting recent investment and modernization. The facility's growth potential is immense, supported by substantial upgrades to the electrical systems and core infrastructure within the last five years. These improvements not only enhance current operations, but are designed to accommodate future expansion. With ample land available for further development, this currently operating facility is primed for growth. This is a rare chance to purchase a well maintained, high capacity grain storage operation with a clear path for expansion. The main house pit has a capacity of 300 bushels with an unloading rate of 6,000 BPH (bushels per hour). A separate pit holds 3,000 bushels and is equipped with a 15,000 BPH leg. The office space is 600 square feet, which includes a 200-square-foot tool shop.

Location

State IL

County Mason

Area Paar Area

Zoning COMMERCIAL

Direction FOREST CITY, L ON BROADWAY ST.

Interior

Heating Natural Gas

Cooling Other

Flooring Other

Fireplace N

Exterior

Fence No

Utilities Available Water Available

View true

Roof Type Flat,Metal,Other

Garage 1

Building

Building Description Aluminum Siding,Other,Block,Brick, Wireless Internet

Faces FOREST CITY, L ON BROADWAY ST.

Sewer Other, Public Sewer

Structure Type Aluminum Siding,Other,Block,Brick

Others

Tax ID 07-07-113-005

Security Features No


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102 S BROADWAY ST #1-6