23937 Northern Illinois DrChannahon, IL 60410

  • Industrial properties
  • 3,000 SF
For Sale
$4,450,000 View listing

Property Details for 23937 Northern Illinois Dr

Lot size
4.71 AC
Property size (Sq ft)
3,000 SF
Property type
Industrial properties
APN
04-10-09-205-005
APU
41009205005

Description

This exceptional 5,000-square-foot executive office and warehouse property in Channahon, Illinois, presents a unique investment opportunity. Situated on a sizable 5-acre lot, the property boasts a fully fenced and secured perimeter, enhanced by an electric fence and a lighted, graveled lot. The interior office space features new finishes, providing a modern and efficient workspace. Convenient trailer parking is available on-site. The property is zoned for industrial use, offering flexibility for a variety of businesses. Its strategic location provides easy access to major transportation arteries, including the proximity to UP Global IV and BNSF railway lines, as well as Interstate 55. Benefit from the low Will County tax rates. The asking price for this turnkey property is $4,450,000. A lease option is also available at $30,000 per month. This property is ideally suited for businesses seeking a combination of office and warehouse space in a prime location with excellent access to transportation and infrastructure. The property's features, combined with its advantageous location and low taxes, make it a compelling investment opportunity. The address is 23937 S Northern Illinois Drive, Channahon, IL 60410.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $949,174
    Hospitality
    $869,438
    Educational
    $723,362
    Medical
    $748,240
    Retail
    $1,125,230
23937 Northern Illinois Dr, Channahon, Illinois

Location Insight

City
Channahon
County
Will
State
Illinois
Latitude
41.4487
Longitude
-88.2018
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,275
$112,531
$63,892
$176,423
-
$337,593
$191,676
$529,269

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