120 Lake StMontgomery, IL 60538

For Sale
$2,500,000

154K SF Warehouse, 14.76 Acres

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 14.76-acre commercial/industrial property located at 120 South Lake Street in Montgomery, Illinois (zip code 60538), presents a significant redevelopment opportunity. The property boasts a substantial 154,794 square feet of existing warehouse space, currently configured for greenhouse and floral operations. Zoned M-1 Industrial, this site offers immense potential for various light industrial or commercial ventures. Its strategic location provides exceptional visibility and accessibility. The property features three existing curb cuts, strategically positioned with two on Route 31 and one on Aucutt Road, maximizing convenient ingress and egress. This translates to approximately 1,700 linear feet of frontage along Route 31, offering unparalleled exposure for any future development. The asking price for this single-tenancy property is $2,500,000. This is a rare chance to acquire a large-scale industrial property in a thriving Kendall County location with significant redevelopment potential. The property's size and strategic location make it an ideal candidate for a variety of uses, offering a strong return on investment for the discerning buyer. Don't miss this opportunity to secure a prime piece of Illinois real estate.

Highlights

  • Excellent redevelopment opportunity for commercial or light industrial use.
  • Three existing curb cuts: two on Route 31 and one on Aucutt Road.
  • 1,700 linear feet of frontage along Route 31.

Property Details for 120 Lake St

Property type
Other warehouses, Other industrial properties
Square Feet
154,794 SF
Lot Size (sq. ft)
642,946 SF

Location Insight

City
Montgomery
County
Kendall
State
Illinois
Latitude
41.7278553
Longitude
-88.3478773
120 Lake St, Montgomery, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
120 Lake St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message