± 4.15 Acres Multi-Use Buildings

For Sale

Marketing Brochure

1390 & 1398 Horse Farm Rd.
Divernon, IL
(Approximately 1.5 Miles west of Exit 83 (Glenarm Exit) on I-55

• Total Land Area: ± 4.15 Acres
• Legal description for a portion of 29-32.0-400-036 and all of 29.32.0-400-035 to be determined by new survey of the outlined area in blue on the attached Exhibit A Aerial Map
• 1390 Horse Farm Rd. Building: ± 5,760 SF (2,760 SF available for occupancy now)
• 1398 Horse Farm Rd. Building: ± 3,072 SF with an attached ± 2,300 SF Covered Patio measuring 48’ X 48’
• University of Illinois currently leasing 3,000 SF of 1390 Horse Farm Rd. and all of 1398 Horse Farm Rd. Lease expires December 31st, 2020
• Current annual net rent of $62,992.08 paid by University of Illinois
• County Zoning: Agricultural with Variance for Internet Provider & University of Illinois use (Zoning description available upon request)
• 2018 Real Estate Taxes 1390 Horse Farm Road: $2,836.42
• 2018 Real Estate Taxes 1398 Horse Farm Road: $2,420.36 (University of Illinois pays 54% of 1390 RE Taxes and 100% of 1398 Taxes)

Price:$$379,500
Address:1390 & 1398 Horse Farm Rd.
City:Divernon
State:IL

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