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125 W Barlow Road Farmington, IL 61531 Commercial - Industrial Active

  • 125 W Barlow Road, Farmington, IL 61531 Main Photo

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Description

This large commercial property was formerly Lane Transport and is located in Farmington, IL on Rte. 116. There are many potential uses with the facility and land as it's located in the Farmington Commercial TIF district and qualifies for many redevelopment incentives. The building is also available for lease at $6 psf gross + utilities. The sale includes two connected buildings on 2.2 acres - the first building is a steel frame 11,534 Sq. Ft. with 1225 of office space, mostly open warehouse space and a heated shop area with internal and external overhead doors. The second building is a 3552 Sq. Ft. pole barn added in 2014 that features two large overhead doors and 8 concrete floors. The buildings are connected through a large walkway. There is 3 phase 480 electric in the large building and a small sub panel in the pole building. The office space features 3-4 offices, 2 restrooms, updated AC and furnace, and the warehouse space has an additional restroom. The roof was painted and sealed in 2019. Clearspan height in the warehouse is approximately 14'5. The main building includes 9 level dock doors. There are contiguous parcels of commercial land that could be purchased additionally, not included in the sale price.

Property Highlights

Property Type: Commercial - Industrial
Building Description: 1.0 stories
Available Sqft: 15086
Lot Size: 2.20 acres

General Information

County: Fulton
Listed By:
RE/MAX Traders Unlimited Mobile: 309-363-2929
RMLSA
$375,000
Est. $2,454/mo
Active
SQUARE FEET15,086 MLS#PA1256473
STATUSActive PROPERTY TYPECommercial - Industrial

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Ruhl&Ruhl Realtors
563.441.1776

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125 W Barlow Road, Farmington, IL 61531.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $375,000$375,000$375,000
Down Payment $75,000$13,125$93,750
Monthly Mortgage Amount $1,823$2,208$2,317
Taxes $522$522$522
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$165$0
Monthly Estimated Total $2,454$3,004$2,948

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