Dixon, IL 61021,000 Illinois Central DR
Dixon, IL 61021,000 Illinois Central DR
Dixon, IL 61021,000 Illinois Central DR
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$475,000

$475,000

Est.Price: ?

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Est. payment /mo

100,000 SqFt


SOLD DATE : 07/20/2023

Key Details

Sold Price $475,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 100,000 sqft

Price per Sqft $4

MLS Listing ID 10799171

Sold Date 07/20/23

Annual Tax Amount $10,146

Tax Year 2020

Lot Size 8.850 Acres

Lot Dimensions 507X764

Property Sub-Type Industrial

Property Description

This property is located in the newly established TIF district that could offer financial assistance for site preparation and infrastructure ETC. This partially completed building was intended to be a 100,000 square foot marijuana cultivation center. Well over a million dollars has been spent on site prep, construction, and plans. The building is designed for 24' walls, 600-700 thousand pounds of rock was hauled in for the foundation. A city approved storm water drainage area and system is on site and in place. City sanitary sewer and water are close to this 8.85 acre site. The parcel is on the corner of Illinois Central Drive & East Progress Drive, Both 80,000 pound year round roads. Close neighbors are AZZ Galvanizing, Rayovac Batteries, UPM Raflatac Labeling Manufacturing, and Rock River Ready Mix. The subject property is visible from Interstate 88 and only a few blocks from the I-88 Interchange.

Location

State IL

County Lee

Area Dixon / Nelson

Zoning INDUS

Interior

Cooling None

Fireplace N

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Midwest Real Estate Data (MRED) IDX
Listed by Kevin Considine • Bird Realty
Bought with Kevin Considine • Bird Realty
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