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124 E River St 9,000 SF Industrial Building Momence, IL 60954 $599,000 ($66.56/SF)
INVESTMENT HIGHLIGHTS
- 5,500 sf warehouse
- Ample Parking
- 7 Private Office Spaces
EXECUTIVE SUMMARY
This 9,000 square foot industrial/office building features 5,500 square feet of warehouse space and 3,500 square feet of office space. The office area includes 7 offices and an open bullpen for flexible workspaces. The building is zoned under the M-1 Manufacturing District, offering a range of industrial uses. A new roof was installed in 2024, ensuring the building is in excellent condition. The warehouse is heated and includes a locker room, along with three overhead doors: two 14'x9' doors and one 8'x8' door, facilitating easy access for large equipment or vehicles. Parking is abundant, with street parking and approximately 50 public spaces located across the street along the Kankakee River.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$9,363
|
$1.04
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$9,363
|
$1.04
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $9,363 |
| Annual Per SF | $1.04 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $9,363 |
| Annual Per SF | $1.04 |
PROPERTY FACTS
| Price | $599,000 | Lot Size | 0.34 AC |
| Price Per SF | $66.56 | Rentable Building Area | 9,000 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1983 |
| Property Subtype | Warehouse | Clear Ceiling Height | 9’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 14 |
| Zoning | Industrial - M-1 Manufacturing District- Limited | ||
| Price | $599,000 |
| Price Per SF | $66.56 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.34 AC |
| Rentable Building Area | 9,000 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Clear Ceiling Height | 9’ |
| No. Drive In / Grade-Level Doors | 14 |
| Zoning | Industrial - M-1 Manufacturing District- Limited |
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $153,860 (2024) | |
| Land Assessment | $18,647 (2024) | Annual Taxes | $9,363 ($1.04/SF) |
| Improvements Assessment | $135,213 (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$18,647 (2024)
Improvements Assessment
$135,213 (2024)
Total Assessment
$153,860 (2024)
Annual Taxes
$9,363 ($1.04/SF)
Tax Year
2023 Payable 2024
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124 E River St
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