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105 Il-71

Newark, IL 60541
  • $1,995,000
  • STATUS: Active
  • ON SITE: 286 Days
  • MLS #: 12048739
UPDATED: 7 min ago
$1,995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2007
County:
Area:

School Ratings & Info

Description

Great NNN Triple Net lease for a landlord or opportunity for an owner/operator to take over a massive retail space in the growing city of Newark. Impeccably maintained and well run, this property is in a prime location off of Rte. 71 and walking distance to downtown Newark. Boasting a solid 7.16% cap rate, this single tenant opportunity on a turnkey property is not to be missed. Owner is open to staying on and continuing to operate for new landlord or vacating for an owner/operator. Come see this asap!

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© 2025 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 MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-18T17:06:17.857 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

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105 Il-71 Newark, IL 60541

  • Price: $1,995,000
  • Status: Active
  • On Site: 286 Days
  • Updated: 7 min ago
  • MLS #: 12048739
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2007
Built
Neighborhood:
Kendall
County:
Kendall
Area:
Kendall
Property Description
Great NNN Triple Net lease for a landlord or opportunity for an owner/operator to take over a massive retail space in the growing city of Newark. Impeccably maintained and well run, this property is in a prime location off of Rte. 71 and walking distance to downtown Newark. Boasting a solid 7.16% cap rate, this single tenant opportunity on a turnkey property is not to be missed. Owner is open to staying on and continuing to operate for new landlord or vacating for an owner/operator. Come see this asap!
Exterior Features

Docks Drive-in Doors Exterior Building Type Steel Siding Foundation Details Concrete Perimeter Frontage Type County Road Outdoor Parking 19-30 Spaces Roof Metal

Interior Features

Cooling Central Air Heat Ventilation Central Bldg HeatGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 9520 Current Use Commercial Electric Circuit Breakers Fire Protection Alarm MonitoredAlarm On SiteFire Extinguisher/sCarbon Monoxide Detector(s) Gross Income 142800 Gross Scheduled Income 142800 Leasable Area 9520 Mls Actual Status Active Net Operating Income 142800 Property Offered For Sale or Rent Property Sub Type Free Standing Store Rental Price 15 Tax Annual Amount 16308 Tax Year 2022 Total Monthly Income 11900 Township Big Grove Type Retail/Stores Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of eXp Realty, LLC: 630-669-6318.


© 2025 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 MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-18T17:06:17.857 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

Digital Millennium Copyright Act
 
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