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Sara Latta-Young

saralattayoung@gmail.com +1(815) 685-5090

$ 899,000

Est. payment | -/mo

2,100 SqFt

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$ 899,000

Est. payment | -/mo

Save

2,100 SqFt

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

Listed by Ronald Ohr of Avenue 1 Realty Group

NEARBY PROPERTIES

+1(815) 685-5090

saralattayoung@gmail.com

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26w321 Saint Charles RD Carol Stream, IL 60188