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The Wall Street Journal Online

Outstanding 300+ acre Limestone Quarry Property for Sale

Oakbrook Terrace, Illinois

Photo Available
Asking Price:
$11,200,000
Asking Price/SF:
$37,000 per acre
Gross Income:
N/A
Net Operating Income:
N/A
Year Built:
na
Max Space Available:
na
Types:
Real Estate For Sale
Other Business Real Estate
Building Status:
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

Facilities:
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.
Location Description:
Located in Northeast Illinois, near to major highways and similar quarries in the area.
Current & Prior Use:
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.
Financing:
Financing is available
Current Property Expenses
Quarry is dormant at this time.
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Real Estate For Sale Listed By

William Graham

Bill Graham
Turnbridge Financial Group, M.A.

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Ad#: 660433

The information in this listing has been provided by the property seller or representative stated above. BizBuySell has no stake in the sale of this property, has not independently verified any of the information about the property, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's terms & conditions before responding to any ad.