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Listed by Ronald Ohrof Avenue 1 Realty Group
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Est. payment | /mo
2,100 SqFt
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Est. payment | /mo
2,100 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
MLS Listing ID 12575441
Year Built 1970
Annual Tax Amount $11,996
Tax Year 2024
Lot Dimensions 100x289x100x278
Property Sub-Type Industrial
Property Description
THIS PROPERTY IS OFFERED UNDER A TRIPLE NET LEASE, FULLY GUARANTEED BY A LARGE CORPORATE TENANT, PROVIDING STRONG AND RELIABLE INCOME. THE TENANT IS RESPONSIBLE FOR ALL UTILITIES, PROPERTY TAXES, REPAIRS, AND MAINTENANCE, MAKING THIS A TRULY PASSIVE, ARMCHAIR INVESTMENT. AN EXCELLENT OPPORTUNITY FOR INVESTORS SEEKING STABLE RETURNS, AND IDEAL FOR A 1031 EXCHANGE. 8% Cap Rate Return on Investment! The building offers a reception area, private office space, warehouse area, restrooms, and two drive-in overhead doors for convenient access and operational efficiency. Situated on a large lot, the property provides ample space for parking, storage, or potential future expansion. A strong addition to any investment portfolio.
Location
State IL
County Dupage
Zoning INDUS
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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