Approx. 177,000 SF Former Bosch Manufacturing Facility in Watseka
Starting bid: $1,299,000.00
Auction has not started yet
Start On: September 29, 2021 11:00 am CDT
Time Until Start: 0 days, 22 hours, 21 minutes
Ending On: October 1, 2021 11:00 am CDT
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New Suggested Opening Bid: $1,299,000 (Reduced from $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
Drive Ins: 1
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
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, 11 loading docks and 1 drive in dock. 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 $7.24 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.
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Total Bids Placed:
|Auction starting||September 29, 2021 11:00 am CDT|
Bidding Starts: September 29, 2021 11:00 am CDT
Bidding Ends: October 1, 2021 11:00 am CDT
Location: 255 West Fleming Street, Watseka, IL, 60970, United States
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There is a 6% Buyer's Premium ($40,000.00 minimum applies) in effect for this auction.
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