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2279 E 350 North Rd 14,350 SF Vacant Industrial Building Pana, IL 62557 $897,000 ($62.51/SF)

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INVESTMENT HIGHLIGHTS

  • The location is central to multiple Midwest interstate highways and between Chicago and St Louis.
  • There is plenty of room for expansion.
  • There are refrigeration and freezer facility options.

EXECUTIVE SUMMARY

New roofing 2024

FINANCIAL SUMMARY (PRO FORMA - 2022)

ANNUAL ANNUAL PER SF
Gross Rental Income $67,200 $4.68
Other Income - -
Vacancy Loss - -
Effective Gross Income $67,200 $4.68
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2022)

Gross Rental Income
Annual $67,200
Annual Per SF $4.68
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $67,200
Annual Per SF $4.68
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $897,000
Price Per SF $62.51
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 6.30 AC
Rentable Building Area 14,350 SF
No. Stories 1
Year Built 1995
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 8
Zoning Industrial

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

ABOUT 2279 E 350 NORTH RD , PANA, IL 62557

This property would be an excellent property for a small manufacturing or distribution facility. It is equipped with refrigeration and freezer capabilities. Click the link or copy and paste it into browser for a video tour of the property. Additional documents can be viewed at the link site. https://beyerschiropractic.com/schapers/ New roofing 2024

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-25-17-200-007-01
Land Assessment
$12,289 (2024)
Improvements Assessment
$80,398 (2024)
Total Assessment
$92,687 (2024)
  • Listing ID: 13589850

  • Date on Market: 8/24/2018

  • Last Updated:

  • Address: 2279 E 350 North Rd, Pana, IL 62557

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