515 William R Latham SR Dr | Bourbonnais, IL 60914
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515 William R Latham SR Dr
Bourbonnais, IL 60914
Lincoln · Retail Property For Sale
Executive Summary
CAR DEALERSHIP PROPERTY - BOURBONNAIS - FOR SALE - Situated on over 4.5 acres on a corner lot, this dealership has high visibility with over 15,000 VPD at your doorstep. Its proximity to other dealerships adjacent and across the street ensures a constant flow of potential customers! The 17,235 SF building consists of office space, inside showroom, service area/shop space, customer waiting area, employee break room, parts department and more! The car lot/parking area boasts over 150 parking spots with an additional 1.5 acres of land that could be converted to additional sales lot space if desired. This property has a record of being a well established car dealership for close to 5 decades with continued strong commercial growth in the area! Property and building for sale only, business not included. Great location in the Commercial Business District of Bourbonnais! Call today!
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,235 SF
Building Class
C
Year Built
1988
Price
£1,504,158
Price Per SF
£87
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Lot Size
2.98 AC
Zoning
B-2
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £132,760 | |
| Land Assessment | £232,166 | Total Assessment | £364,926 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£232,166
Improvements Assessment
£132,760
Total Assessment
£364,926
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