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11.31 Acre Site - Multiple Buildings 2 Industrial Properties Offered at $1,046,940 CAD in Worden, IL
INVESTMENT HIGHLIGHTS
- Income-producing with five tenants across buildings and yard
- Two acres of farm ground available for development
- Located 2.5 miles from I-55 and 40 miles from St. Louis
- Adjacent to Norfolk Southern rail line with future rail potential
- Renovated in 2023 with clear span warehouse interiors
EXECUTIVE SUMMARY
Industrial property on 11.31 acres with 2-buildings totaling 13,400 sf of warehouse space. The warehouses are currently leased by three (3) tenants on short term leases. +/- 6.5 is improved with rock for outdoor storage. The 6.5 acres are leased by two (2) tenants. All leases are at below market value lease rates. There are 2 acres of farm ground available for further development.
655 Main Street – 2,400 sf wood frame, metal skin warehouse.
726 Main Street- 10,408 sf wood frame, metal skin warehouse.
Total Net Annual Income is $23,808.24.
Worden is a village situated in Madison County. Geographically, it is in the southwestern part of Illinois, within the United States. It lies approximately 40 miles northeast of St. Louis, Missouri, and is in close proximity to the larger city of Edwardsville, Illinois. The property is located on the south east end of Worden adjacent to the NS Railroad approximately 2.5 miles to Interstate 55. Worden has a population of 1,096.
655 Main Street – 2,400 sf wood frame, metal skin warehouse.
726 Main Street- 10,408 sf wood frame, metal skin warehouse.
Total Net Annual Income is $23,808.24.
Worden is a village situated in Madison County. Geographically, it is in the southwestern part of Illinois, within the United States. It lies approximately 40 miles northeast of St. Louis, Missouri, and is in close proximity to the larger city of Edwardsville, Illinois. The property is located on the south east end of Worden adjacent to the NS Railroad approximately 2.5 miles to Interstate 55. Worden has a population of 1,096.
PROPERTY FACTS
| Price | $1,046,940 CAD | Number of Properties | 2 |
| Price / SF | $81.74 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 12,808 SF |
| Status | Active | Total Land Area | 10.04 AC |
| Price | $1,046,940 CAD |
| Price / SF | $81.74 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,808 SF |
| Total Land Area | 10.04 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 726 S Main St, Worden, IL 62097 | Industrial | 10,408 SF | 1960 | - |
| 655 Main St, Worden, IL 62097 | Industrial | 2,400 SF | 1960 | - |
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11.31 Acre Site - Multiple Buildings
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