$975,000
$1,051,247
7.3%For more information regarding the value of a property, please contact us for a free consultation.
15,236 SqFt
SOLD DATE : 12/15/2023
Key Details
Sold Price $975,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 15,236 sqft
Price per Sqft $63
MLS Listing ID 11884327
Sold Date 12/15/23
Year Built 1991
Annual Tax Amount $26,324
Tax Year 2022
Lot Size 0.790 Acres
Lot Dimensions .79 ACRE
Property Sub-Type Industrial
Property Description
INDUSTRIAL BUILDING FULLY LEASED 15,236 SF Fully leased 7-tenant industrial building with 14' ceilings, 1 ADA bath per unit, 9 (12x12) DID's and approx. 25 common parking spaces. Zoned M1. Being sold at an 8% CAP with 5% vacancy factor. Part of a 3 building portfolio of fully leased Industrial buildings for $2,578,246 (470 and 450 Jennings). Each building listed separately but available as a portfolio. An 8,700 SF user flex building is also available for $737,500 (460 Jennings). Rent Roll and APOD for Bldg. 471 Jennings attached. Contact broker for full portfolio financials.
Location
State IL
County Mc Henry
Area Lake In The Hills
Zoning MANUF
Interior
Cooling None
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Well Private
Roof Type Metal
Building
Level or Stories 1
Structure Type Wood Frame
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Bought with Kevin Kaplan • Entre Commercial Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "