124 E River St
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124 E River St
9,000 SF Industrial Building Momence, IL 60954 £469,197 (£52/SF)
Investment Highlights
- 5,500 sf warehouse
- Ample Parking
- 7 Private Office Spaces
Executive Summary
This 9,000 square foot industrial/office building features 5,500 square feet of warehouse space and 3,500 square feet of office space. The office area includes 7 offices and an open bullpen for flexible workspaces. The building is zoned under the M-1 Manufacturing District, offering a range of industrial uses. A new roof was installed in 2024, ensuring the building is in excellent condition. The warehouse is heated and includes a locker room, along with three overhead doors: two 14'x9' doors and one 8'x8' door, facilitating easy access for large equipment or vehicles. Parking is abundant, with street parking and approximately 50 public spaces located across the street along the Kankakee River.
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£7,334
|
£0.73
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£7,334
|
£0.73
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | £7,334 |
| Annual Per SF | £0.73 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £7,334 |
| Annual Per SF | £0.73 |
Property Facts
| Price | £469,197 | Rentable Building Area | 9,000 SF |
| Price Per SF | £52 | Number of Floors | 1 |
| Sale Type | Owner User | Year Built | 1983 |
| Property Type | Industrial | Clear Ceiling Height | 9 ft |
| Property Subtype | Warehouse | Level Access Doors | 14 |
| Building Class | C |
| Price | £469,197 |
| Price Per SF | £52 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Rentable Building Area | 9,000 SF |
| Number of Floors | 1 |
| Year Built | 1983 |
| Clear Ceiling Height | 9 ft |
| Level Access Doors | 14 |
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PROPERTY TAXES
| Parcel Number | 05-11-19-104-021 | Total Assessment | £92,681 |
| Land Assessment | £7,621 | Annual Taxes | £7,334 (£0.81/sf) |
| Improvements Assessment | £85,060 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
05-11-19-104-021
Land Assessment
£7,621
Improvements Assessment
£85,060
Total Assessment
£92,681
Annual Taxes
£7,334 (£0.81/sf)
Tax Year
2023 Payable 2024
zoning
| Zoning Code | Industrial (M-1 Manufacturing District- Limited) |
| Industrial (M-1 Manufacturing District- Limited) |
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124 E River St
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