$1,450,000
$1,450,000
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40,900 SqFt
SOLD DATE : 06/15/2021
Key Details
Sold Price $1,450,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 40,900 sqft
Price per Sqft $35
MLS Listing ID 10857393
Sold Date 06/15/21
Year Built 1998
Annual Tax Amount $52,097
Tax Year 2019
Lot Size 3.280 Acres
Lot Dimensions 450X315
Property Sub-Type Industrial
Property Description
TWO BUILDINGS - ONE OWNER Two, one owner pre-engineered steel 98.5% leased industrial buildings with 1 vacant manager's office that could be leased. Buildings are adjacent with 2 PINs and share a rear parking area on 3.28 acres. 5 tenants, most have been there a long time. 7.7% CAP rate includes deductions for vacancy, management and reserves. Upside potential as some rents are below market. July 2020 appraisal on file for $1,600,000. Contact broker for rent roll and operating statement. Second building address is 633 Enterprise Ave. Both must be sold as a package
Location
State IL
County De Kalb
Area De Kalb
Zoning INDUS
Interior
Cooling Central Air, Office Only
Flooring Carpet, Concrete, Tile, Varies
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Roof Type Metal
Building
Level or Stories 1
Structure Type Steel Siding
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