Price Reduction
Address
515 William Latham Drive, Bourbonnais, IL
Price
$ 2,599,000
Property Attributes
  • MLS#11996521
  • TypeCommercial
  • CountyKANKAKEE
  • CityBourbonnais
  • AreaBourbonnais
  • Zip60914
  • StyleCommercial
  • Year Built1977
  • Taxes$ 39225
  • Price$ 2,599,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage17235
  • Lot Size4.4629 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

CAR DEALERSHIP PROPERTY - BOURBONNAIS - FOR SALE - Situated on over 4.5 acres on a corner lot, this dealership has high visibility with over 15,000 VPD at your doorstep. Its proximity to other dealerships adjacent and across the street ensures a constant flow of potential customers! The 17,235 SF building consists of office space, inside showroom, service area/shop space, customer waiting area, employee break room, parts department and more! The car lot/parking area boasts over 150 parking spots with an additional 1.5 acres of land that could be converted to additional sales lot space if desired. This property has a record of being a well established car dealership for close to 5 decades with continued strong commercial growth in the area! Property and building for sale only, business not included. Great location in the Commercial Business District of Bourbonnais! Call today!

Price History
3/5/2024 Listed $2,999,000
5/1/2024 14% - $2,599,000

General Features

Cooling Central Air,Partial
Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal
Possession Lease Out Stand
Zoning COMMR
Construction Materials Steel Siding
Year Built 1977
Electric Circuit Breakers,Service - 201 to 600 Amps
Tenant Pays Varies by Tenant
Stories 1
Township Bourbonnais
Property SubType Automotive
Tax Year 2022
Current Use Commercial
County Kankakee
Property Type Commercial Sale
Status Price Change
Directions N. Convent to Latham,West on Latham to dealership on West side of St.
City Bourbonnais
Total Units 1
MLS Area Bourbonnais
Lot Size Square Feet 194404
Street Name William Latham
Tax Annual Amount 39225
Additional Parcels Y/N Yes
Leasable Area 17235
Days on Market 56
Standard Status Active
Property Type Retail/Stores

Interior Features

Flooring Carpet,Concrete
Street Suffix Drive

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 17235
Lot Dimensions 416 X 470
Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60914

Price
AVG $690K
$2.6M
Taxes
AVG $17,447
$39,225
Visits
AVG 93
51
Data Provided by Inside Real Estate®
Year Built
AVG 1977
1977

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