304 Quincy StTowanda, IL 61776

  • Commercial real estate
For Sale
$950,000 View listing

Property Details for 304 Quincy St

Property type
Commercial real estate
APN
15-05-358-004
APU
1505358004

Description

This exceptional 36,000-square-foot warehouse, situated on a 1.49-acre lot in Towanda, Illinois (APN: Part of 15-05-357-005), presents a compelling investment opportunity. Built in 1987 and zoned C-1, the property boasts a 27-foot ceiling height and features a newly installed 13' x 25' powered overhead door. The warehouse benefits from convenient access to the I-55 Towanda exchange, placing it just 10 minutes from Rivian's warehouse and 15 minutes from their manufacturing facility, within the Bloomington-Normal metro market. The property is served by village water and septic. While currently lacking loading docks, the building's column spacing is 23 feet. A small, climate-controlled office and restroom are included at the asking price. The building has been separately parceled, with a new tax ID to be assigned. The asking price is $950,000, translating to $26.39 per square foot. 480v, 200-amp electrical service is to be installed. This warehouse offers significant potential for various industrial uses.

304 Quincy St, Towanda, Illinois

Location Insight

City
Towanda
County
Mclean
State
Illinois
Latitude
40.5623
Longitude
-88.9017
CBSA code
14010
CBSA name
BLOOMINGTON, IL 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
$11,120
$31,649
$99,239
$130,888
-
$94,947
$297,717
$392,664

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