2235 Cornell AveMontgomery, IL 60538

  • Industrial properties
  • 7,029 SF
For Lease
$10.50/SF/YR View listing

Property Details for 2235 Cornell Ave

Year built
1998
Construction
MIXED
Lot size
0.49 AC
Property size (Sq ft)
7,029 SF
Property type
Industrial properties
APN
15-30-326-045
APU
1530326045

Description

This exceptional 7,000-square-foot warehouse, located at 2235 Cornell Avenue in Montgomery, Illinois, presents a significant opportunity for businesses seeking a single-tenant industrial space. Situated on a 0.49-acre lot within Kane County's M-1 (Light Manufacturing District) zoning, this property offers ample space and flexibility. The warehouse boasts impressive ceiling heights ranging from 18 to 20 feet, providing generous vertical storage capacity. Power is readily available with an 800-amp, 3-phase electrical service, ensuring sufficient capacity for various industrial operations. The entire 7,000 square feet is currently vacant and ready for immediate occupancy. The property's convenient location in Montgomery, Illinois, zip code 60538, offers easy access to major transportation routes, streamlining logistics and distribution. This single-tenant warehouse is ideal for a variety of light manufacturing, distribution, or storage needs. The property's zoning allows for a range of compatible uses within the M-1 designation. This is a rare opportunity to secure a well-located, spacious, and functional industrial property in a thriving area. Inquire today to learn more about leasing this exceptional warehouse.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,452,711
    Hospitality
    $1,330,675
    Educational
    $1,107,106
    Medical
    $1,145,181
    Retail
    $1,722,165

Location Insight

City
Montgomery
County
Kane
State
Illinois
Latitude
41.742
Longitude
-88.3726
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
2022
$10,009
$24,141
$100,178
$124,319
-
$72,423
$300,534
$372,957

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