
Listed by Adam Merrick Real Estate
$1,599,900
102 S BROADWAY Street #1-6
Details
APN 07-07-113-005
Property Type Industrial
Sub Type Warehouse, Other
Square Footage 1,735,755
Tenancy Vacant
Acreage 2.000
Zoning COMMERCIAL
High capacity grain elevator with expansion potential in Forest City, IL.
Marketing description
High capacity grain elevator with expansion potential in Forest City, IL. Presenting a significant opportunity to acquire a fully operational grain elevator. This turnkey facility boasts a total storage capacity of over 1.7 million bushels, making it a strategic asset for any agricultural enterprise. Key among its features is a newer 515,000 bushel bin, reflecting recent investment and modernization. The facility's growth potential is immense, supported by substantial upgrades to the electrical systems and core infrastructure within the last five years. These improvements not only enhance current operations, but are designed to accommodate future expansion. With ample land available for further development, this currently operating facility is primed for growth. This is a rare chance to purchase a well maintained, high capacity grain storage operation with a clear path for expansion. The main house pit has a capacity of 300 bushels with an unloading rate of 6,000 BPH (bushels per hour). A separate pit holds 3,000 bushels and is equipped with a 15,000 BPH leg. The office space is 600 square feet, which includes a 200-square-foot tool shop. This facility is part of a package deal with 600 S. Broadway St in Manito.
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Listed by Adam Merrick Real Estate
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