This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

202 N. Sixth St

4,306 SF Industrial Building Altamont, IL 62411 £121,280 (£28/SF)

Investment Highlights

  • Altamont TIF #1 and Enterprise Zone
  • 2 air compressor systems included
  • 5 Overhead Doors

Executive Summary

***Prime Commercial Building for Sale*** Unlock the potential of this versatile commercial building offering approximately 4,300 square feet of space! Located in the heart of Altamont, this former auto body shop is situated in the TIF #1 district and Enterprise Zone that allows for growth incentives for your business in the I-1 Industrial zoning overlay. The building features a spacious office area with central heating and air conditioning ensuring a comfortable, welcoming environment. For added convenience, the spacious bays are both heated and cooled, making it suitable for various operations year-round. With 5 overhead doors, loading and unloading is a breeze. Additionally, this property comes complete with 2 lift racks, two robust 5-horsepower air compressors, and a customized 1 million BTU furnace specifically engineered for the paint shop making it ideal for a specialized workspace. Whether you're looking to expand your current business or start anew, this property provides the perfect foundation for success. As an added bonus, the seller will also include an extra boiler and air handler at no additional cost to the new owner. Don't miss out on this incredible opportunity!

Taxes & Operating Expenses (Actual - 2023)

Annual Annual Per SF
Taxes £2,046 £0.48
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2023)

Taxes
Annual £2,046
Annual Per SF £0.48
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £2,046
Annual Per SF £0.48

Property Facts

Price £121,280
Price Per SF £28
Sale Type Owner User
Property Type
Industrial
  • General Retail Auto Repair
Building Class C
Lot Size 3.51 AC
Rentable Building Area 4,306 SF
Number of Floors 1
Year Built/Renovated 1985/1988
Tenancy Single

Amenities

  • Floor Drains
  • Yard
  • Air Conditioning

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0917006023
  • 0917007032
Land Assessment
£1,909
Improvements Assessment
£27,503
Total Assessment
£29,412
Annual Taxes
£2,046 (£0.48/sf)
Tax Year
2023 Payable 2024

zoning

Zoning Code I-1 (Industrial)
I-1 (Industrial)
  • Listing ID: 33135724

  • Date on Market: 11/09/2024

  • Last Updated:

  • Address: 202 N. Sixth St, Altamont, IL 62411

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}