Approximately 67,000 SF Warehouse in Zion, IL

3905 IL Route 173 Zion, IL 60099

 3905 IL Route 173, Zion, IL, 60099
 3905 IL Route 173, Zion, IL, 60099
FOR SALE Auction Property
Property Type:
Industrial
Amount:
$2,899,000
Last Verified:
Jun 11, 2019

Suggested Opening Bid: $2,899,000 ($43.28/ sf for the Building or $3.03/sf for the Land)

Buyer’s Premium: 6%

Cooperating Broker Commission: 2%

Land Size: Approx. 22 Acres

Building Size: Approx. 67,000 SF Warehouse Plus Approx. 10,000 SF Mezzanine Office Space

Built: 1996

2018 Taxes: $171,481.40 (All 3 PIN #s)

PIN #: 04-18-400-035

PIN #: 04-18-400-037

PIN #: 04-18-400-042

Zoning: HB (Highway Business) & Balance of  Vacant Land LM (Light Manufacturing)

This move in ready industrial building with HVAC throughout is ideally located for ease of commercial access just 2.5 miles from I-94, facing the corners of Route 173 (Rosecrans Road) and Kenosha Road in Zion, Illinois. The building features approximately 67,000 sf of manufacturing/warehouse space and approximately 10,000 sf of mezzanine office space. Custom built by the owner, the building previously was used for commercial refrigeration manufacturing. This building has expansive, open warehouse/manufacturing space with 22’+ high ceilings, 4 loading docks and over 22 acres for additional expansion or re-development. The property is fully fenced and secured with an electric entry gate.  Recently rezoned to the TIF District by the Village of Zion.


Additional URLs

Map of 3905 IL Route 173, Zion, IL, 60099

Presented by:
Thumb_6f75937909

Request additional information
Icon_357bfc4816


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.