515 William Latham Drive Bourbonnais, IL ^$ 2,999,000

515 William Latham Drive

^$ 2,999,000

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515 William Latham Drive

Bourbonnais, IL, 60914

^$ 2,999,000

Studio Baths0.0 Sq 17,235

Monthly Estimate*

^$ 20,949

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Studio

Commercial Property for sale in Bourbonnais, IL

for $2,999,000. This 17,235 square foot building was built in 1977 on a lot size of 4.4629.

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!

Commercial Active

Price

^$ 2,999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 39,225

Style

Commercial

Lot Size

4.4629

Year Built

1977

Town/City

Bourbonnais

County/Region

Kankakee

MLS | Web ID

11996521

Features

General

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

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status Active

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 Y

Leasable Area 17235

Days on Market 7

Standard Status Active

Interior

Flooring Carpet Concrete

Street Suffix Drive

Exterior

Foundation Details Concrete Perimeter

Building Area Total 17235

Lot Dimensions 416 X 470

Frontage Type City Street

* Excluded Features

List By

Mccolly Bennett Real Estate

Broker

bucktamblyn@mccolly.com

Affordability Calculator

$24,218

Per Month

Monthly Principal & Interest: $20,949
Monthly Property Taxes: $3,269
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Bourbonnais, IL

Average List Price ^$1,070,650

Percent of Sale Price 64%

About Bourbonnais, IL

18,550 Population

16% Since 2002

^$65,639 Median Income

33.49 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/5/2024	$2,999,000		Listed Price

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515 William Latham Drive, Bourbonnais, IL, 60914 is a Commercial Property for sale at $2,999,000 with 17,235 sqft and a lot size of 4.4629. 515 William Latham Drive is a studio with 0.0 baths and was built in 1977. The property's zip code is 60914 which is in Bourbonnais, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/1/2024.

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515 William Latham Drive

Commercial Property for sale in Bourbonnais, IL

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