2475 E US Highway 36 Newman, IL ^$ 2,250,000

2475 E US Highway 36

^$ 2,250,000

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2475 E US Highway 36

Newman, IL, 61942

^$ 2,250,000

Studio Baths0.0 Sq 65,383

Monthly Estimate*

^$ 15,717

2475 E US Highway 36, Newman, IL 61942 - Image 1

2475 E US Highway 36, Newman, IL 61942 - Image 2

2475 E US Highway 36, Newman, IL 61942 - Image 3

2475 E US Highway 36, Newman, IL 61942 - Image 4

2475 E US Highway 36, Newman, IL 61942 - Image 5

2475 E US Highway 36, Newman, IL 61942 - Image 6

Studio

Commercial Property for sale in Newman, IL

for $2,250,000. This 65,383 square foot building was built in 1988 on a lot size of 5.29.

Easy access to Interstate 57 between Champaign & Effingham! With over 65,000 square feet of warehouse/industrial space with loading/unloading doors, this building offers the ideal opportunity for a new owner to bring business or storage facility to central Illinois and add value through leasing the building or occupying the space. There are (2) 15' truck dock doors, (3) 15' drive in doors plus certified truck scale and fully barbed-wire fence with two gates. Sitting on over 5 acres with 108 on-site parking spaces. Ideally located on US Highway 36.

Commercial Active

Price

^$ 2,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,348

Style

Lot Size

5.29

Year Built

1988

Town/City

Newman

County/Region

Douglas

MLS | Web ID

12043580

Features

General

Cooling None

Possession Closing

Zoning INDUS

Year Built 1988

Electric None

Tenant Pays Varies by Tenant

Stories 1

Township Newman

Property SubType Manufacturing / Warehousing

Tax Year 2021

Gross Income 0

County Douglas

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Industrial

Status Active

Directions On US-36 past CR 2450 E

City Newman

Total Units 1

MLS Area Southern Champaign County / Douglas County

Lot Size Square Feet 230432

Street Name US Highway 36

Tax Annual Amount 8348.3

Additional Parcels Y/N N

Leasable Area 65383

Days on Market 17

Standard Status Active

Interior

Flooring Concrete

Exterior

Building Area Total 65383

Lot Dimensions 5.29

Lot Size Acres 5.29

* Excluded Features

List By

Choice Realty Group Inc.

Broker

davidawilliamson@hotmail.com;dawilliamson001@gmail.com

Affordability Calculator

$16,413

Per Month

Monthly Principal & Interest: $15,717
Monthly Property Taxes: $696
Monthly Home Insurance: --

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Loan Term

Interest Rate

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 Newman, IL

Average List Price ^$943,333

Percent of Sale Price 58%

About Newman, IL

811 Population

-9% Since 2002

^$45,472 Median Income

47.22 Median Age

22% 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
5/10/2024	$2,250,000	-18.18%	Price Down
4/30/2024	$2,750,000		Listed Price

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2475 E US Highway 36, Newman, IL, 61942 is a Commercial Property for sale at $2,250,000 with 65,383 sqft and a lot size of 5.29. 2475 E US Highway 36 is a studio with 0.0 baths and was built in 1988. The property's zip code is 61942 which is in Newman, 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 5/23/2024.

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2475 E US Highway 36

Commercial Property for sale in Newman, IL

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