About This Home

This 0-bedroom, 0-bathroom commercial at 102 S BROADWAY Street #1-6 in Forest City, IL is listed for $1,350,000. on a 2.00 acres lot.

Key Features

  • 2.00 acre lot
  • 4 stories

Property Details

4 stories
#1-6
Listing Description

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. This facility is part of a package deal with 600 S. Broadway St in Manito.

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

102 S BROADWAY Street #1-6

Forest City, IL 61532

Property Details

Construction

Aluminum Siding Block Brick

Heating

Natural Gas

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 102 S BROADWAY Street is listed at $1,350,000. The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 2.00 acre lot, 4 stories.

This property is listed by Adam Merrick.

AM

Adam Merrick

Agent at Adam Merrick Real Estate

Listed by Adam Merrick Real Estate · Broker phone: (309) 273-1808 · Broker website

MLS# PA1261797· Source: RMLS Alliance· 373 days on PropertySimple

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

102 S BROADWAY Street #1-6, Forest City, IL 61532

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