325 S Route 31

Asset Type

Industrial & Logistics

Address
325 S Route 31 Montgomery, IL United States 60538
Asking Price

Contact for pricing

Sq Footage

4,500,000

Year Built

1956

Cap Rate

N/A

Additional Attributes

Property Description

Former Caterpillar Aurora Facility for sale in the unincorporated area between Montgomery and Oswego. The property consists of over 4 million sq. ft. with 10 buildings on 350 acres. Caterpillar developed the site in 1958, using the site for fabrication and assembly of heavy equipment. The massive concrete laydown areas are highly adaptable to a variety of users, and the property has dedicated heavy manufacturing infrastructure and utilities, including an on-site 300,000-gallon water tower, waste water treatment plant, 3 deep wells and a CoGen facility. Near I-88 and has a dedicated BNSF rail spur serving the site that connects to BNSF trunk line that provides manifest freight service into Chicago. Located just 7 miles west on the Mendota sub line that contains the BNSF Eola Yard in Aurora, the largest BNSF intermodal yard in Chicago. All of the facilities were meticulously maintained by Caterpillar for a fully-functioning, highly connected heavy manufacturing facility.

Investment Highlights

  • Fee simple interest
  • Heavy manufacturing facility in a growing economic corridor in the Midwest
  • Property is highly adaptable for a variety of users
  • Already in-place infrastructure
  • Access to strong workforce demographics
Listing Contacts
Scott Miller
Scott Miller
Managing Director, Captl Mkts
+65 3159 4021
Lindsey Fahey
VP, Production Support
+65 3159 4021
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