East Dundee, IL 60118,910 Piemonte DR
East Dundee, IL 60118,910 Piemonte DR
East Dundee, IL 60118,910 Piemonte DR
East Dundee, IL 60118,910 Piemonte DR
East Dundee, IL 60118,910 Piemonte DR
East Dundee, IL 60118,910 Piemonte DR
See all 9 photos

$1,625,010

$1,800,000

9.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

16,330 SqFt


SOLD DATE : 01/31/2023

Key Details

Sold Price $1,625,010

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Sold

Purchase Type For Sale

Square Footage 16,330 sqft

Price per Sqft $99

MLS Listing ID 11492027

Sold Date 01/31/23

Annual Tax Amount $19,923

Tax Year 2021

Lot Dimensions 187.12 X 320

Property Description

NNN Leased-Fee property for sale! ATTENTION INVESTORS- 8% CAP RATE!! LEASED FEE INTEREST FOR SALE-EAST DUNDEE MARKET AREA. 16,330 sq ft. special-purpose auto body repair facility built 1995 & 1998. 1.33 acres, fenced, surrounded by new and pre-owned car/auto dealerships, plus new multi-$$million Altorfer Caterpiller sales/service facility. Annexed to East Dundee with TIF#2 as a line item in tax bill (costing $1,857 in 2021) Municipal water, sanitary sewer, police, and fire protection. Taxes 2021 $1.22psf (NNN Lease). Lessee- Service King, a national franchise with possible merger with Crash Champions in advanced discussions. $145,000 NOI through August 2025 with no option for renewal, but possibly could be renewed and/or extended. Lessor responsible for structural, roof. Nearby- Santa's Village Amusement Park -ByRider Pre-owned car sales -Piemonte Chevrolet Sales/Service -Robert Loquercio Ford Sales/Service -Altorfer Caterpiller dealership facility (new) -Max McGraw Wildlife Foundation -Healy Auto Sales -Enterprise Rent-A-Car -Superior Car Credit -Economy Plus Auto Sales/Service Zoning- B-4 East Dundee, Automotive Service District. History- This body shop was part of a Saturn dealership fronting on Rt. 25. The Saturn dealership minus the body shop was sold to ByRider Pre-owned Cars and the body shop was then leased to Service King.

Location

State IL

County Kane

Area Dundee / East Dundee / Sleepy Hollow / West Dundee

Zoning COMMR

Interior

Cooling Central Air, Office Only

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal

Waterfront false

Roof Type Other

Building

Level or Stories 1

Structure Type Block

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Mark Coleman • Coleman Land Company
Bought with Non Member • NON MEMBER
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 772-2820

gsaju@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.