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DESCRIPTION

65 Acre Troy Grove Rail Yard and Transload facility located at 627 US Route 52 offers an expansion and development opportunity. 3 miles of privately owned and developed rail yard located on a Class 1 Union Pacific Main Line. Concept plans depict current or future development of 5 additional warehouse/manufacturing buildings/drop yard and storage yards on 5 separately platted development pads ranging from 2.5 ac to 20 acres. Features a newly constructed 15000 lineal feet of multi track- rail siding, first class privately owned and operated track bed, switching, and rail car storage opportunities. Additional expansion acreage may be acquired and added to this development opportunity.

KEY DETAILS
  • Price:
  • $10,550,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 65.00
  • Year Built:
  • 2016
  • MLS #:
  • MRD11399799
  • Street Address:
  • 627 Union St
  • City:
  • North Utica
  • State:
  • IL
  • Postal Code:
  • 61373
  • County:
  • La Salle
  • Area:
  • North Utica / Utica / Waltham
  • Listing Status:
  • For Sale - Active

Building

  • Exterior Description:
  • Steel Siding
  • Flooring:
  • Concrete, Varies, Other
  • Foundation:
  • Concrete Perimeter
  • Leasable Square Feet:
  • 50000
  • Loading Area:
  • 1
  • Stories:
  • 4
  • Type Of Roof:
  • Metal
  • Year Built:
  • 2016

Business

  • Estimated Potential Income:
  • 35416
  • Gross Income:
  • 425000
  • Net Operating Income:
  • 325000
  • Operating Expense:
  • 100000

Land

  • Conforms To Zoning:
  • Indus
  • Existing Land Use:
  • Special Use
  • Lot Square Footage:
  • 2831000
  • Suitable Use:
  • Conditional Use, Industrial, Platted, Special Use, Other, Elderly Housing, Single Room Occupancy

Listing

  • Days On Market:
  • 6
  • Originating Mls:
  • Mred

Money

  • Property Taxes:
  • $65,351
  • Tax Year:
  • 2020
  • Tenant Pays:
  • Common Area Maintenance, Electricity, Heat, Taxes, Scavenger, Varies By Tenant

Systems

  • Electricity:
  • Circuit Breakers, Service - 201 To 600 Amps, Three Phase, Heavy Power 1200+ Amps, Three Phase
  • Utilities:
  • Electric To Site, Gas Nearby, Septic-Private, Well Private

Source

  • Listing Provided By: Richard Faltz with Coldwell Banker Commercial Real Estate Group

    ILMRED
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NOTES

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