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$5,500,000
Est. payment /mo
29,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 29,000 sqft
Price per Sqft $189
MLS Listing ID 12283548
Year Built 2005
Annual Tax Amount $82,484
Tax Year 2023
Lot Dimensions 292' X 557'
Property Sub-Type Retail/Stores
Property Description
FULLY LEASED. 6.03 CAP Rate. PRIME RETAIL CENTER ALONG MAJOR SHOPPING CORRIDOR, BUILT IN 2005. HIGH TRAFFIC COUNTS, EXCELLENT VISIBILITY, AMPLE PARKING AND MULTIPLE ACCESS. ILLUMINATED LED SIGNAGE. QUALITY DEMOGRAPICS. CURRENT TENANTS INCLUDE ILLINOIS BONE & JOINT, ALLSTATE INSURANCE, CODE NINJAS AND CD PRICE ONE CLEANERS. MANY LONGER TERM TENANTS. RENT ROLL AVAILABLE W/ NON-DISCLOSURE. OFFERING MEMORANDUM IN ADDITIONAL INFO.
Location
State IL
County Mchenry
Area Algonquin
Zoning RTAIL
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
Roof Type Membrane,Rubber
Building
Dwelling Type Retail/Stores
Water Municipal Water
Structure Type Brick,Concrete,Synthetic Stucco,Glass
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Listed by Richard Virgl of Berkshire Hathaway HomeServices Starck Real Estate