$1,453,209
$1,650,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
24,000 SqFt
SOLD DATE : 02/29/2024
Key Details
Sold Price $1,453,209
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 24,000 sqft
Price per Sqft $60
MLS Listing ID 11790320
Sold Date 02/29/24
Year Built 1969
Annual Tax Amount $63,000
Tax Year 2021
Lot Size 1.190 Acres
Lot Dimensions 155 X 300
Property Sub-Type Industrial
Property Description
A great opportunity for an Industrial Income Property! The building is located with easy access to I-90 / 290 tollways (just West of Elmhurst & Oakton) 24,000 SF brick building with 4 units that are fully leased. Units range in size from 4200 SF to 8800 SF, each with 14' drive-in doors. The two end units also have 16' clearance dock doors. Each unit has office, restrooms, loft & heated warehouse space. 7.31 Cap Rate. Roughly $120,000 NOI.
Location
State IL
County Cook
Area Arlington Heights
Zoning INDUS
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
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Bought with Rudolph Johnson • Keller Williams Inspire - Geneva
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "