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Asking Price:
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$11,200,000
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Asking Price/SF:
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$37,000 per acre
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Gross Income:
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N/A
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Net Operating Income:
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N/A
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Year Built:
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na
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Max Space Available:
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na
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Types:
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Real Estate For Sale
Other Business Real Estate
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Building Status:
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Permitted
Business Description
This quarry business property of 300+ acres is located above a large stratum of hard dolomite limestone. For this reason, it has several operational quarries located nearby. The property could easily produce over $100,000,000 in gross sales for limestone aggragate, agricultural lime and architectural decorative stone.
Detailed Information
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Facilities:
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The Company who owns this quarry has a core business in asphalt and paving. Will sell to non-competitors only. Size of property is large enough to quarry from multiple areas and has been bored to 190+ft and lab tested for IDOT grade A, B, C, and D coarse aggregate. Over 50% of property is high quality limestone with overburden in some spots at only 4ft. Full report is included in packet with detailed drilling report and sample locations. Blasting Permit is still operable and site is permitted for mining and excavation.
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Location Description:
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Located in Northeast Illinois, near to major highways and similar quarries in the area.
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Current & Prior Use:
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Previously the southeast section has been quarried, but the company decided to concentrate on their core businesss of asphalt paving and decided to sell this property.
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Financing:
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Financing is available
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Current Property Expenses
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Quarry is dormant at this time.
Ad#: 660433
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