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$899,000
Est. payment /mo
2,100 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $428
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
Area Carol Stream
Zoning INDUS
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Industrial
Structure Type Brick
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Listed by Ronald Ohr of Avenue 1 Realty Group