Industrial Building in Kewanee

Industrial Building in Kewanee

Bidding is closed.
High Bid:$0.00
Bidding Ended: Tue, Apr 24  3:00:00 pm CT
Starting Bid: $399,000.00
Property Location: 101 Franklin Street, Kewanee, IL 61443
Property has been viewed 2,597 times.


Suggested Opening Bid: $399,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 35 Acres

Building Size: Approx. 270,000 SF

2016 Taxes: $27,849

PIN: 20-32-276-002

Zoning: M-2; Manufacturing District General

Property Class:  0080 Industrial

Land Use: Enterprise Zone (EZ) & Tax Increment Financing (TIF) within EZ & TIF

This approximately 270,000 sf industrial building manufacturing use is situated on an approximately 35 acre parcel. The main manufacturing building includes approximately 150,000 SF of warehouse space with a 30’ ceiling height and approximately 10,000 SF of adjacent office space. In addition, there are 5 detached storage buildings surrounding the main warehouse which total approximately 120,000 SF. The property was previously occupied by the Kewanee Boiler Company. The BN railroad borders the south side of the property with 2 rail-heads, allowing for ease of access. The 2016 taxes were $27,849.

The property will be delivered with clear title.

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