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2717 W North St

100% Leased Industrial Building Online Auction Sale Edelstein, IL 61526

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Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Peoria - IL USA

Market Cap Rate

Peoria - IL USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type Investment
Sale Conditions Auction Sale
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 8.64 AC
No. Stories 1
Year Built 1960
Tenancy Single
Clear Ceiling Height 18 ft
No. Dock-High Doors/Loading 7

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Chicago
2,705,994
150
3 h 7 m
Indianapolis
867,125
227
4 h 27 m
Detroit
672,662
402
7 h 45 m
Columbus
892,533
403
7 h 44 m
Nashville
669,053
461
8 h 43 m
Memphis
650,618
483
9 h 5 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
34,959
Total Labor Force
15,919
Unemployment Rate
3.00%
Median Household Income
$88,645
Warehouse Employees
3,802
High School Education Or Higher
95.80%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04-18-176-001
  • 04-18-176-016
  • 04-18-176-017
  • 04-18-180-002
  • 04-18-180-008
  • 04-18-126-004
  • 04-18-176-015
  • 04-18-181-003
  • 04-18-176-013
  • 04-18-176-012
  • 04-18-176-014
Land Assessment
$47,682 USD
Improvements Assessment
$437,180 USD
Total Assessment
$484,863 USD

Sale Advisor

Sale Advisor

(309) 643-0717
Contact
William Hayes, Commercial Broker
(309) 643-0717
Contact
William began his commercial career in 2006 with a Central Illinois developer finding tenants for new office buildings along with planned retail and restaurant developments. In 2007, William moved to Chicago and in short time became the senior leasing and sales broker for the Alliance Real Estate Advisors, a boutique commercial firm with a primary focus on the River North and West Loop neighborhoods. Although experienced as a tenant representative for retail, office, and industrial space, William specialized in landlord representation with a focus on loft office buildings.

William moved back to Central Illinois in 2011 and has been able to use his expertise in the leasing and sale of commercial real estate in the Peoria business community for the last 10 years. In his first two years back in the Peoria market, William brokered the highest number of commercial transactions in the Peoria area according to the Peoria Area Association of Realtors®.

William specializes in using the latest technology to conduct diligent market research, which helps him negotiate the best possible terms for his clients. William focuses on his clients’ specific goals and takes pride in assisting them with their needs in an honest and straight-forward manner. Since joining Joseph & Camper Commercial in 2011, William has familiarized himself with every sector of the commercial market. William has experience with sales and leasing of office, retail, industrial, land, and investment properties in the Central Illinois region. Joseph & Camper provides clients with an unmatched combination of real estate knowledge, experience, and dedication. William is proud to be part of the Joseph & Camper team and enjoys working to assist the Peoria area business community.

In his free time, William is an active supporter of the Heart of Illinois Down Syndrome Association, St. Jude, and the National Multiple Sclerosis Society.

About the Auction Platform

Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
Read More

Auction Contact

Amen Almukhtar
Auctioneer License: Ten-X Arlene Richardson RE Brkr 478027045
  • Listing ID: 28040205

  • Date on Market: 2023-03-22

  • Last Updated:

  • Address: 2717 W North St, Edelstein, IL 61526

Transaction Fee Schedule
Based on Percentage of Winning Bid Amount.
Winning Bid Amount Transaction Fee
$0m to < $1m 5.00% ($20,000 min)
$1m to < $3m 3.00%
$3m to < $5m 2.50%
$5m to < $10m 2.25%
$10m to < $15m 2.00%
$15m to < $25m 1.75%
$25m to < $35m 1.50%
$35M to < $45M 1.00%
$45M to < $55M 0.75%
$55M and Up 0.50%
Example Calculation
Winning Bid Amount $4,000,000 Transaction Fee $100,000 (2.5%) Total Purchase Price $4,100,000

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