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102 S Broadway Street Forest City, IL 61532 Commercial - Industrial Active

  • 102 S Broadway Street, Unit 1-6, Forest City, IL 61532 Main Photo

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Description

High capacity grain elevator with expansion potential in Forest City, IL. Presenting a significant opportunity to acquire a fully operational grain elevator. This turnkey facility boasts a total storage capacity of over 1.7 million bushels, making it a strategic asset for any agricultural enterprise. Key among its features is a newer 515,000 bushel bin, reflecting recent investment and modernization. The facility's growth potential is immense, supported by substantial upgrades to the electrical systems and core infrastructure within the last five years. These improvements not only enhance current operations, but are designed to accommodate future expansion. With ample land available for further development, this currently operating facility is primed for growth. This is a rare chance to purchase a well maintained, high capacity grain storage operation with a clear path for expansion. The main house pit has a capacity of 300 bushels with an unloading rate of 6,000 BPH (bushels per hour). A separate pit holds 3,000 bushels and is equipped with a 15,000 BPH leg. The office space is 600 square feet, which includes a 200-square-foot tool shop.

Property Highlights

Property Type: Commercial - Industrial
Building Description: 4.0 stories
Available Sqft: 1735755
Lot Size: 2.00 acres

General Information

County: Mason
Listed By:
Adam Merrick Real Estate homes@adammerrick.com
RMLSA
$1,699,900
Est. $11,125/mo
Active Price Reduced $100,100 on April 7th, 2026
SQUARE FEET1,735,755 MLS#PA1261797
STATUSActive PROPERTY TYPECommercial - Industrial

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Ruhl&Ruhl Realtors
563.441.1776

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102 S Broadway Street, Unit 1-6, Forest City, IL 61532.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,699,900$1,699,900$1,699,900
Down Payment $59,497$0$339,980
Monthly Mortgage Amount $10,142$10,551$8,263
Taxes $2366$2366$2366
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,020$0$0
Monthly Estimated Total $14,024$13,413$11,125

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