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Investment Highlights

  • 18 Contractor/Industrial Bay Units
  • Large Shared Parking Lot with Large Truck Accessible Entrance
  • Units Contain Gas Warehouse Heater, Individual Electric Panel, and Plumbing Rough-Ins

Executive Summary

Excellent industrial investment available in Washington, IL. These Twin Industrial Buildings with Office End Cap Units total 33,120 SF with 32,720 leasable (400 SF is common platforms/foyers, stairwells in one end cap office building). Each of the 18 contractor/industrial bay units are 1,440 SF (12,960 SF Industrial Warehouse total, 7,200 office) and have a gas warehouse heater, individual electric panel and plumbing rough-ins - currently about 75% are outfitted by tenants with restrooms or utility sinks. Large shared parking lot with large truck accessible entrance. Combined leased units usually have a knockout for access between units. 30,920 SF Leased (94.5% of leasable SF) - rent roll available. All leases are modified gross - gross + utilities. Tenants pay Ameren (gas/electric) and owners pay water/sewer (Municipal Washington utilities - water/sewer are not individually metered). Trash is on tenants and many share a few dumpsters on the property. The vacant 1,800 SF is the second floor of the office end cap of the north building. This is a ready to rent office space (not ADA compliant - no elevator/lift) that was formerly utilized by the owners.

Property Facts

Price $2,611,177 CAD
Price Per SF $78.84 CAD
Sale Type Investment
Property Type Industrial
Lot Size 2.15 AC
Rentable Building Area 33,120 SF
No. Stories 2
Year Built 2002
Zoning C-3
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
02-02-15-100-020
Land Assessment
$81,840 CAD
Improvements Assessment
$586,524 CAD
Total Assessment
$668,364 CAD
  • Listing ID: 39906992

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 1204-1254 Independence Ct, Washington, IL 61571

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