1631 Mill StNashville, IL 62263

  • Commercial real estate
  • 2.22 AC
For Lease
$4/SF/YR View listing

Property Details for 1631 Mill St

Lot size
2.22 AC
Property type
Commercial real estate
APN
10-12-25-100-016
APU
101225100016

Description

This exceptional industrial property in Nashville, Illinois, presents a significant opportunity. The 26,380-square-foot warehouse complex sits on a 2.23-acre lot, offering ample space for operations and expansion. The property features two buildings: a 7,480-square-foot office/warehouse and an 18,900-square-foot warehouse. Built in 1981 and renovated in 1999, the property boasts a 303-foot frontage. Loading and unloading are facilitated by four dock doors and three drive-in doors of varying sizes. The property also includes a rocked parking area with 15 total parking spaces. Power is readily available with a 600-amp, 3-phase, 480-volt electrical service. Ceiling heights reach 16 feet, and column spacing varies between the buildings. The property is zoned for light industrial use and has an APN of 10-12-25-100-016. This single-tenant property is located at 1631 S Mill St, Nashville, IL 62263. The property offers a unique blend of office and warehouse space, making it suitable for a variety of businesses seeking a well-maintained and strategically located facility. The ample parking and convenient access further enhance its appeal.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $25,300,866
    Hospitality
    $23,175,456
    Educational
    $19,281,708
    Medical
    $19,944,836
    Retail
    $29,993,768

Location Insight

City
Nashville
County
Washington
State
Illinois
Latitude
38.3305
Longitude
-89.3815

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
$12,622
$6,061
$136,797
$142,858
-
$18,183
$410,391
$428,574

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