1173 Fortune Boulevard, Shiloh, IL 62269 - 618-277-4400
Heavy Industrial Investment Opportunity - Crane Served
1162 16th St, Granite City, Illinois 62040
Madison County

Steve Zuber - SIOR, CCIM

Phone: 314-409-7283

Cole . Hensel

Phone: 618-606-2646
Basic Details
Listing No:
3269
Sale Or Lease:
For Sale
Property Type(s):
Investment, Industrial, Industrial - Crane Served
Building Size (Sqft):
346,870 Sqft.
Lot Size (Acres):
25.61 Acre(s)
Sale Price:
$3,500,000
Sale Price Per Sqft:
$10.09
CAP Rate:
12%
NOI:
$415,007
Address
Country:
US
State:
IL
County:
Madison
City:
Granite City
Zipcode:
62040
Street Number:
1162
Street:
16th
Street Suffix:
St
Square Foot Information
Building Total Sqft:
346,870 Sqft.
Total Sqft Available:
31,450 Sqft.
Min Divisible Sqft:
81,700 Sqft.
Max Contiguous Sqft:
113,150 Sqft.
Facility Information
Drive-In Doors:
6
Drive-In Door Size:
17'x25'
Overhead Cranes:
Yes
Overhead Crane Size:
(14) 5T to 120T
Men's Restroom:
Yes
Women's Restroom:
Yes
Ventilation:
Yes
Compressed Air:
Yes
Property Information
Parcel No:
22-1-19-24-09-102-032 & 22-1-19-24-13-301-002 & 22-1-19-24-10-101-005 & 22-1-19-24-14-301-001
Zoning:
Industrial
Enterprise Zone:
Yes
Parking:
100
Parking Surface Type:
Rock
Tax Year:
2024
Structural Data
Year Built:
1950
Clearance Min:
30 ft
Clearance Max:
30 ft
Bay Spacing:
Clear Span
Roof:
Metal
Exterior:
Steel
Floor Type:
Concrete
Floor Thickness:
Varies
Land Measurements
Acres:
25.61 Acre(s)
Frontage:
1,339 ft
Depth:
1,806 ft
Utility Information
Water Provider:
Illinois American Water
Water Provider Location:
On Site
Sewer Provider:
Illinois American Water
Sewer Provider Location:
On Site
Gas Provider:
Ameren Illinois
Gas Provider Location:
On Site
Electric Provider:
Ameren Illinois
Electric Provider Location:
On Site
Phase:
3
Low Volts:
240
High Volts:
480
Transportation
Interstate:
I-270, I-255, I-55, I-64, and I-70
Rail:
Terminal Rail Road - Active
Barge:
America's Central Port
Income and Expenses
Gross Other Income:
$646,524
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