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515 William Latham Drive, Bourbonnais, IL 60914
$2,999,000
515 William Latham Drive, Bourbonnais, IL 60914View this property at 515 William Latham Drive, Bourbonnais, IL 60914
515 William Latham DriveBourbonnaisIL60914
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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!
Full Property Details
Full Property Details for 515 William Latham Dr
General
- Price: $2,999,000
- Taxes: $39,225 (2022)
- Status: Active
- Type: Commercial Service
- MLS ID: 11996521
- Updated: 3/11/2024
- Added to Site: 55 day(s) ago
Interior
- Interior Features: Common Lunchroom(s), Accessible Entrance, Accessible Washroom/s, Heavy Floor Load, Overhead Door(s), Private Restroom(s), Public Restroom(s)
- Flooring: Carpet, Concrete
Additional Information
- Security/Safety: Other
Parking
- Parking Features: Over 100 Spaces
Location
- Area: Bourbonnais
- County: Kankakee
- Township: Bourbonnais
- Driving Directions: N. Convent to Latham, West on Latham to dealership on West side of St.
- Location Details: Central Business District, Corner, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning, Partial
- Heating Type: Central Building Heat, Forced Air, Radiant
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water
Structural Information
- Construction: Steel Siding
- Foundation: Concrete Perimeter
- Ceiling Height: 16
- Drive-In Doors: 4
- Sub-Flooring: Carpet, Concrete
- Stories/Levels: 1
- Square Feet: 17,235
- Current Bldg. Use: Commercial
- Year Built: 1977
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 194,404
- Lot Dimensions: 416 x 470
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Other
- Assessment Year: 1977
- Tax Amount: $39,225
- Tax Year: 2022
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 17091830600100
Listed by McColly Bennett Real Estate
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Schools
Schools serving 515 William Latham Dr
School Districts:Bradley Bourbonnais Community High School District 307, Bourbonnais School District 53
Rating | Name | Grades | Distance |
---|---|---|---|
321 N Convent St, Bourbonnais, IL 60914 | 1-4 | 0.4 mi | |
1690 Career Center Rd, Bourbonnais, IL 60914 | 5-6 | 2.2 mi | |
200 W John Casey Rd, Bourbonnais, IL 60914 | 7-8 | 0.9 mi | |
700 W North St, Bradley, IL 60915 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 515 William Latham Dr
Date
Details
Price
Change
Source
3/05/2024
Listed
$2,999,000
172.64%
MLS
3/04/2021
Sold
$1,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 515 William Latham Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$31,633
—
$372,510
1%
2022
$31,633
-1%
$367,510
—
2021
$31,834
-2%
$367,510
—
2020
$32,468
-1%
$367,510
—
2019
$32,820
—
$367,510
—
2018
$32,923
-4%
$367,510
-3%
2017
$34,222
—
$379,385
—
2016
$34,154
61%
$379,385
64%
2015
$21,154
—
$232,026
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 515 William Latham Dr
515 William Latham Drive, Bourbonnais, IL 60914 (MLS# 11996521) is a Commercial Service property. 515 William Latham Drive is currently listed for $2,999,000 and was received on March 05, 2024. Want to learn more about 515 William Latham Drive? Do you have questions about finding other Commercial Service real estate for sale in Bourbonnais? You can browse all Bourbonnais real estate or contact a Coldwell Banker agent to request more information.