About 255 West Fleming Street
Suggested Opening Bid: $1,416,000
Buyer’s Premium: 6%
Cooperating Broker’s Commission: 2% of Bid Price/Offer Price (before Buyer’s Premium is added)
Lot Size: Approx. 55 Acres with 30 Acres Considered Surplus
Building Size: Approx. 177,000 SF
2019 Total Taxes: $10,187.44
PIN# 19-31-476-002 – $6,269.40
PIN# 19-31-404-002 – $750.62
PIN# 19-32-351-001 — $3,167.42
Zoning: M-1
This building is a former Bosch Manufacturing facility. Recent upgrades include roof (70% of the roof was replaced with a new membrane), boiler, loading docks and lighting systems. Other updates include a dedicated water well and water tower (sprinkler system support). Recent tax appeals have lowered taxes by 50%. The main manufacturing facility has 30’ ceilings. Approximately 100,000 SF of storage has 17’ ceilings. The building has heavy power and a recently updated sprinkler system. The building has approximately 10,000 SF of updated office space. This property has numerous uses such as manufacturing or hydroponic/medical marijuana growth facilities. Priced attractively at approximately $8.00 per SF. Pre-Auction Bids Highly Encouraged!
Located southeast of Kankakee, approx. 20 minutes east of I-57. Easily accessible from US Route 24/ IL Route 1.
Online Auction Bidding Starts at 11 AM CST Wednesday, September 29, 2021 and ends Friday, October 1, 2021, 11 AM CST
Suggested Opening Bid: $1,416,000
Buyer's Premium: 6%
Cooperating Broker's Commission: 2% of Bid Price/Offer Price (before Buyer’s Premium is added)
Pre-Auction Bids Highly Encouraged!