$1,000,000
$1,000,000
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11,623 SqFt
SOLD DATE : 03/29/2024
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 11,623 sqft
Price per Sqft $86
MLS Listing ID 11958817
Sold Date 03/29/24
Year Built 2003
Annual Tax Amount $23,987
Tax Year 2022
Lot Size 0.910 Acres
Lot Dimensions 160X250
Property Description
Fully leased 6-unit masonry multi-tenant industrial building. 11,623 sf with 1937 sf units. 16 ft ceilings, 6- 10x12' DID's. Built in 2003 on .918 acre (2 PINS-also has 19-12-351-013). Well cared for. Can show one unit before accepted offer or LOI and the balance after accepted LOI. Cap rate 6.5% at full occupancy but has upside for rent increases and successful tax appeal. Owner is a licensed real estate broker. Do not disturb tenants. Gas and electric separately metered.
Location
State IL
County Mchenry
Zoning INDUS
Interior
Cooling Central Air, Office Only, Partial
Flooring Carpet, Concrete, Tile, Varies
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
View Y/N true
Roof Type Membrane
Building
Foundation Concrete Perimeter
Structure Type Block
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Eric Barry • RE/MAX Properties
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