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.
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Forest City is located in Illinois. Forest City, Illinois has a population of 279. Forest City is more family-centric than the surrounding county with 59.7% of the households containing married families with children. The county average for households married with children is 26.57%.
The median household income in Forest City, Illinois is $57,500. The median household income for the surrounding county is $54,415 compared to the national median of $69,021. The median age of people living in Forest City is 32.1 years.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 40 inches per year, with 20 inches of snow per year.
