Byron Dragway
Special Purpose
for Sale
Also listed as Business Opportunity
| Catylist Listing ID: |
30171050 |
| Property Subtypes: |
Sports/Entertainment
|
| Building Size (RSF): |
3,600 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
182 - 183 Acres
|
| Sale Price: |
$3,390,000 |
| Property Use Type: |
Business |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/1/2020 |
Overview / Comments
Byron Dragway has been in operation since 1964 and continues to be an area and regional motorsport venue. It is a Quarter Mile NHRA Member Track on 182 acres of pristine land. Five acres have frontage on the Rock River. This location is just west of the greater Chicagoland area reaches out to 13 Million Residents within 100 mile radius. Grandstands will seat 6000 spectators. Parking for over 600 Racers.
Timing Tower with a Event Suite. Permanent Restrooms with Showers. Newly Remodeled Concession Stand.
|
Financials
| Finance Data Year |
2017 |
| Real Estate Taxes - Annual($) |
$12,529 (Annual) |
| Assessed Value - Total($) |
$169,748 (Annual) |
Additional Details
| Nearest MSA: |
Rochelle |
| County: |
Ogle |
| Tax ID/APN: |
10-06-100-003,10-06-100-005,05-31-351-009, 05-31-352-001 |
| Zoning: |
AG WITH SPECIAL USE |
| Property Located Between: |
Byron and Oregon, IL |
| Largest Nearby Street: |
River Rd |
| Airports: |
Chicago Rockford Airport |
| Total Number of Buildings: |
3 |
| Typical SF / Floor: |
1,200 SF |
| Property Condition: |
Excellent |
| Exterior Description: |
Three permanent Buildings: Concession Stand, Bathroom & Shower, Control Center. |
| Parking Type: |
Surface |
| Zoning Description: |
Ag zoned land with Special Use permit. Approx 5 acres along Rock River zoned for residential use. Property falls under Premise Liability Act. |
| Water Service: |
Well |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,630 |
8,635 |
11,296 |
| Median Age: |
35.8 |
40.11 |
40.84 |
| Households: |
933 |
3,193 |
4,166 |
|
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