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525 Elm Avenue
525 Elm Avenue, Princeton, IL 61356
$890,000
197,501 SF
$4.51
Industrial
Warehouse
Vacant/Owner-User
1
1950
25 ft.
6
1
23 AC
- Fenced Yard
- Trailer Parking
- Heating is available
- Electricity/Power
- Sprinklers
-
Find Out More...
Last Verified 10/14/2009
Listing ID 14791784
Highlights
Well Below Market Rates- Power Capacity exceeds 4,000 amps
- Located in City's Enterprise Zone
- Rail Access
- Sprinklered Building
- Maximum Ceiling Clearance 20 to 25 feet
Description
Where else can you purchase an approximately 197,501 square foot industrial building for $4.50 per square foot! Ideal property for manufacturing, warehouse, distribution facility or redevelopment. Ceiling heights range from 14 feet to 25 feet. Approximately 30,000 square feet of the building is free span with 25 foot ceiling clearance. The building is situated on 23 acres within minutes of Interstate 80, Interstate 180, Highway 34 and Highway 6 and connected via a spur line to the Burlington Sante Fe Rail Line.
Located 115 miles west of Chicago and 60 miles east of the Quad Cities within the city of Princeton's Enterprise Zone which provides property tax abatements, sales tax credits and investment tax credits for qualified expansions or new construction.
Proposed
All Cash Deal
Map of 525 Elm Avenue, Princeton, IL 61356 (Bureau County)
Created 9/13/2006
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.