615 Industrial Drive

    Cary, IL 60013
    • $1,600,000
    • STATUS: Active Under Contract
    • ON SITE: 368 days
    • MLS #: 09891074
    Under Contract
    UPDATED: 46 min ago
    $1,600,000
    • 0
      BEDS
    • 1.72
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 32,000
      SQFT
    • $50
      $/SQFT
    Type:
    Commercial
    Built:
    1992
    County:

    School Ratings & Info

    Description

    Fully leased 3-tenant 32,000 SF Brick and Steel industrial building. Very well maintained with quality tenants. Being offered at a 7.7% CAP rate with 5% vacancy factor. Ask broker for rent roll and operating statement.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or John Lyons Real Estate | Baird & Warner. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than John Lyons Real Estate | Baird & Warner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-03-25T21:51:00.223.

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    www.johnlyonsrealestate.com/homes/81855389

    615 Industrial Drive Cary, IL 60013

    • Price: $1,600,000
    • Status: Active Under Contract
    • Updated: 46 min ago
    • MLS #: 09891074
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.72
    Acres
    32,000
    SQFT
    $50
    $/SQFT
    1992
    Built
    Neighborhood:
    Cary / Oakwood Hills / Trout Valley
    County:
    McHenry
    Area:
    Cary / Oakwood Hills / Trout Valley
    Property Description
    Fully leased 3-tenant 32,000 SF Brick and Steel industrial building. Very well maintained with quality tenants. Being offered at a 7.7% CAP rate with 5% vacancy factor. Ask broker for rent roll and operating statement.
    Exterior Features

    Construction BrickSteel Docks InteriorLeveler/s Door Dimensions 10X12 Foundation Concrete Frontage Access City Street Location Industrial Park Lot Dimensions 300X250 Lot Sq Ft 75000 Number Of TLDocks 4 Roof Coverings Metal Roof Structure Metal DeckingPitched

    Interior Features

    Air Conditioning Central AirOffice Only Ceiling Hgt Max Ft 18 Ceiling Hgt Max In 0 Ceiling Hgt Min Ft 16 Ceiling Hgt Min In 0 Fire Protection Sprinklers-Wet Floor Finish CarpetConcreteTileVaries Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SMulti-TenantOverhead Door/SPrivate Restroom/S Number Of Drive In Doors 4 Number Of Stories 1

    Property Features

    Age 26-35 Years Built Before1978 YN No Contingency Flag Other Contingency Current Use Other Electrical Service Circuit BreakersSeparate MetersOver 600 Amps480V Power3 Phase Expense Year 2017 Exterior Building Type Steel SidingBrick Geographic Locale Northwest Suburban Gross Rental Income Amount 204864 Heat Ventilation Ceiling UnitsForced AirGas Investment YN Yes Known Encumbrances First Mortgage Max Avail Sq Ft Rentable 0 Min Avail Sq Ft Rentable 0 Miscellaneous Outside Security Lighting Net Oper Income Amount 12323 Net Operating Income Year 2017 Number Of Tenants 3 Possession Closing Potential Use Industrial/Mfg Property Offered For Sale Only Sale Terms Conventional Seller Will Other Tax Year 2017 Taxes 53883 Tenant Pays Air ConditioningElectricHeatScavengerWater/Sewer Total Annual Exp 71389 Total Annual Expense Source Actual Total Annual Income 204074 Total Monthly Income 17072 Township Algonquin Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-Municipal Water Drainage Storm Sewers Zoning Type Indus

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Premier Commercial Realty.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or John Lyons Real Estate | Baird & Warner. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than John Lyons Real Estate | Baird & Warner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-03-25T21:51:00.223.

    Digital Millennium Copyright Act
     
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