102 BROADWAY Street 1-6 Forest City IL 61532

102 BROADWAY Street 1-6 Forest City, IL 61532

Price Reduced For Sale
102 BROADWAY Street 1-6
Forest City, IL 61532
Price: $3,200,000
Type: Commercial Sale Commercial
Lot Size (Acres): 2
Agent: Adam Merrick
Agent Phone: 309-678-3734
Agent Email: adam@adammerrick.com
Broker: Adam Merrick Real Estate
Broker Phone: 309-282-1000
Broker Email: homes@adammerrick.com

High capacity grain elevator with expansion potential in Forest City, IL. Presenting a significant opportunity to acquire a fully operational grain elevator. This turnkey facility boasts a total storage capacity of over 1.7 million bushels, making it a strategic asset for any agricultural enterprise. Key among its features is a newer 515,000 bushel bin, reflecting recent investment and modernization. The facility’s growth potential is immense, supported by substantial upgrades to the electrical systems and core infrastructure within the last five years. These improvements not only enhance current operations, but are designed to accommodate future expansion. With ample land available for further development, this currently operating facility is primed for growth. This is a rare chance to purchase a well maintained, high capacity grain storage operation with a clear path for expansion. The main house pit has a capacity of 300 bushels with an unloading rate of 6,000 BPH (bushels per hour). A separate pit holds 3,000 bushels and is equipped with a 15,000 BPH leg. The office space is 600 square feet, which includes a 200-square-foot tool shop.

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