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
