Listed by Rick Levin & Associates
$2,100,000
740 Schneider Dr
Details
Property Type Industrial, Special Purpose
Sub Type Manufacturing, Cannabis/Craft Grow Facility
Square Footage 40,000
Stories 1
Acreage 2.420
Zoning M-2
Ceiling Height 19'6"
Loading Docks 3
Industrial | 40,000 SqFt
Marketing description
40,000 sq. ft. industrial/manufacturing one-story building with 19'6" ceilings, three loading docks, all on a 2.42 acre site, zoned M-2, South Elgin - previously zoned for a craft grow facility by the village of South Elgin. Ideal location for distribution to local dispensaries or other possible uses.
Partially completed, being sold AS/IS Cannabis/Craft Grow Facility. To Be Sold to the Highest Bidder Subject to a Minimum Bid of $2,100,000* and Court Approval. *Subject to the Court-approved Terms of Sale and a 7.5% Buyers Premium.
On-site Inspections from 2:30 p.m. to 4:30 p.m. on July 20, August 6, and by Appointment. Broker Participation Invited.
Investment highlights
- 40,000 sq. ft. industrial/manufacturing one-story building
- 19'6" ceilings
- Three loading docks
- 2.42 acre site
- Zoned M-2, South Elgin
- Previously zoned for a craft grow facility by the village of South Elgin
- Ideal location for distribution to local dispensaries or other possible uses
- Partially completed, being sold AS/IS Cannabis/Craft Grow Facility
- Previously Listed at $9,800,000
- To Be Sold to the Highest Bidder Subject to a Minimum Bid of $2,100,000* and Court Approval
- Court-Ordered Sealed-Bid Auction - August 11, 2026
- 7.5% Buyers Premium
Listing Contacts
Listed by Rick Levin & Associates
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