For Sale
$500,000

1915 Schram Ave Hillsboro, IL 62049

11-Acre Industrial Site, 60,000 SF Warehouse

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional redevelopment opportunity presents a substantial 60,000 square foot warehouse situated on an expansive 11-acre lot in Hillsboro, Illinois. The property, formerly the Hillsboro Glass Plant, is located at 1915 Schram Ave, 62049, and boasts a single-story structure built in 1950. Zoned for heavy industrial use (APN: 17-06-376-015 & 014), this vacant warehouse offers significant potential for adaptive reuse. The asking price is $500,000. The property features partially intact rail spurs, although switches have been removed, presenting unique logistical advantages. The building is currently unfinished, allowing for complete customization to suit a tenant's specific needs. Note that an adjacent 100,000 square foot warehouse is also available for sale. Lease rates for the subject property will be quoted based on the desired finish-out specifications. This is a prime opportunity for investors seeking a large-scale industrial project in a strategic location. The property's size and location make it ideal for a variety of industrial uses. Serious inquiries are encouraged.

Highlights

  • 11-acre site with partially intact rail spurs (switches removed).
  • 60,000+/- SF warehouse, finish-out to suit.
  • Adjacent 100,000 SF warehouse also available for sale.
  • Lease rates quoted based on tenant finish requirements.

Property Details for 1915 Schram Ave

Property type
Warehouses, Industrial properties
Square Feet
60,000 SF
Year Built
1950
Stories
1
Lot Size (sq. ft)
479,160 SF

Location Insight

City
Hillsboro
County
Montgomery
State
Illinois
Latitude
39.1591794
Longitude
-89.4693436

FAQs

What type of property is this?
Warehouse - 11-Acre Industrial Site, 60,000 SF Warehouse
Where is the warehouse located?
The property is located at 1915 Schram Ave Hillsboro, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 11-acre site with partially intact rail spurs (switches removed).; 60,000+/- SF warehouse, finish-out to suit.; Adjacent 100,000 SF warehouse also available for sale.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1915 Schram Ave
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