
Commercial Land for Sale in Forest City, Illinois
102 S Broadway St, Forest City, IL 61532
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.
Location
- Street address
- 102 S Broadway St
- County
- Mason County
- Elevation
- 491 feet
Directions
FOREST CITY, L ON BROADWAY ST.
Property details
- Acreage
- 2 acres
- Zoning
- COMMERCIAL
- MLS #
- PAAR PA1261797
- Posted
Property taxes
- 2024
- $32,887
Parcels
- 07-07-113-005
Legal description
BRODERICK'S ADD 30' IMM NE OF LT 1 & LTS 1-2-3-4-5 & 6 BLK 14 191
Details and features
Listing
- Type
- Commercial Sale
Structure
- Heating
- Natural Gas
- Materials
- Aluminum Siding, Block, Brick
- Roof
- Flat, Metal
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Available | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 23, 2025 | Price drop | $3,200,000 | $28,800,000 -90% | PAAR |
| Oct 22, 2025 | New listing | $32,000,000 | — | PAAR |










































