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5700 Walnut Street, Richmond, IL 60071
$1,035,000
5700 Walnut Street, Richmond, IL 60071View this property at 5700 Walnut Street, Richmond, IL 60071
5700 Walnut StreetRichmondIL60071
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Property Description
Major Price Reduction! 42000 steel and concrete block industrial building on over 2 acres of fenced-in property. This building can be divided into 3 distinct sections (which are connected), which makes it perfect for a user/investor. The original section was built in the 1930's and the others were added later. Ceilings range from 11'-21'. Space features several drive in doors and a 2 story unfinished (needs remodeling) office space, 6 bathrooms and fenced in outside storage on both the North and South ends of the property. There is room to install a truck dock. Low price reflects deferred maintenance including roof work. Only $24.64 psf! SBA financing available with only 10% down.
Full Property Details
Full Property Details for 5700 Walnut St
General
- Price: $1,035,000
- Taxes: $10,484 (2022)
- Status: Active
- Type: Manufacturing
- MLS ID: 11789064
- Updated: 3/29/2024
- Added to Site: 346 day(s) ago
Interior
- Interior Features: Private Restroom(s)
- Flooring: Concrete
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 51 to 100 Spaces, Fenced, Paved, Private Lot
Location
- Area: Richmond
- County: Mc Henry
- Township: Richmond
- Driving Directions: N. Main Street (Route12) 2 Blocks North of Kenosha Street (Route 173) to Walnut St West to to Property
- Location Details: Northwest Suburban, Mixed-Use Area
Heating & Cooling
- Cooling Type: Office Only
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer
Structural Information
- Construction: Block, Steel Siding, Wood Frame
- Exterior Const.: Aluminum Siding, Steel Siding, Block
- Foundation: Concrete Perimeter
- Drive-In Doors: 5
- Sub-Flooring: Concrete
- Stories/Levels: 1
- Square Feet: 42,000
- Office: 2,400 Sq. Ft.
- Year Built: 1930
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 2.29
- Lot Size (Sq. Ft.): 99,752
- Lot Dimensions: 494' x 283 ' x 500' 122"
- Frontage: City Street
- Potential Use: Commercial, Industrial
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1930
- Tax Amount: $10,484.5
- Tax Year: 2022
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Documents Avail.: Aerial Map, Floor Plan, Tax Bill, Traffic Counts, Backup Package
- Property ID: 409177015
Listed by Premier Commercial Realty
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Schools
Schools serving 5700 Walnut St
School Districts:Nippersink Sd 2, Richmond-Burton Community High School District 157
Rating | Name | Grades | Distance |
---|---|---|---|
5815 Broadway St, Richmond, IL 60071 | PK-5 | 0.5 mi | |
10006 N Main St, Richmond, IL 60071 | 6-8 | 0.7 mi | |
8311 Illinois Route 21, Richmond, IL 60071 | 9-12 | 2.4 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 5700 Walnut St
Date
Details
Price
Change
Source
7/14/2023
Price Reduced
$1,035,000
-10%
MLS
5/22/2023
Listed
$1,150,000
238.24%
MLS
12/10/2020
Sold
$340,000
—
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 5700 Walnut St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$10,642
5%
$113,699
4%
2021
$10,163
—
$109,127
-33%
2021
$10,163
-34%
$162,281
3%
2019
$15,346
-23%
$157,067
-15%
2017
$19,983
1%
$183,772
7%
2016
$19,766
-8%
$172,297
-2%
2015
$21,407
-3%
$175,048
-1%
2014
$22,075
5%
$177,049
-2%
2013
$21,099
36%
$181,515
21%
2018
$15,553
-22%
$150,577
-20%
2012
$19,857
—
$189,295
—
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 5700 Walnut St
5700 Walnut Street, Richmond, IL 60071 (MLS# 11789064) is a Manufacturing property. 5700 Walnut Street is currently listed for $1,035,000 and was received on May 22, 2023. Want to learn more about 5700 Walnut Street? Do you have questions about finding other Manufacturing real estate for sale in Richmond? You can browse all Richmond real estate or contact a Coldwell Banker agent to request more information.