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2503 Spring Ridge Drive

Spring Grove, IL 60081
  • $2,900,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 11478323
UPDATED: 39 min ago
$2,900,000
  • 0
    BEDS
  • 2.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1996
County:
Area:

School Ratings & Info

Description

This 2 story 10 unit industrial building is perfect for user/investor. The building has 42,901 square feet. 19,500 sf available for use or lease. 8325 sf office space and 11,270 sf warehouse with loading dock. The vacant units can be used for your own business or leased for additional income. Long term tenants. 1.6% cap rate. Well maintained building has new transformer, windows, landscaping, parking lot and exterior. Ample parking Located two blocks from heavily traveled Route 12

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© 2022 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 2022-08-18T23:59:28.19 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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2503 Spring Ridge Drive Spring Grove, IL 60081

  • Price: $2,900,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 39 min ago
  • MLS #: 11478323
0
Beds
0
Baths
0
½ Baths
2.6
Acres
1996
Built
Neighborhood:
Spring Grove
County:
McHenry
Area:
Spring Grove
Property Description
This 2 story 10 unit industrial building is perfect for user/investor. The building has 42,901 square feet. 19,500 sf available for use or lease. 8325 sf office space and 11,270 sf warehouse with loading dock. The vacant units can be used for your own business or leased for additional income. Long term tenants. 1.6% cap rate. Well maintained building has new transformer, windows, landscaping, parking lot and exterior. Ample parking Located two blocks from heavily traveled Route 12
Exterior Features

Docks Depressed Exterior Building Type Eifs (E.G. Dryvit). Foundation Details Concrete Perimeter Outdoor Parking 31-50 Spaces Roof Metal Roof Structure Metal Decking

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat Number Of TLDocks 1

Property Features

Additional Parcels YN No Approximate Age 26-35 Years Building Area Total 42901 Built Before1978 YN No Electric Circuit BreakersService - 201 To 600 AmpsPower - 240VPower - 480VThree Phase Fire Protection Alarm On SiteFire Extinguisher/S Geographic Locale Northwest Suburban Gross Income 136641 Gross Scheduled Income 136641 Leasable Area 19595 Mls Actual Status Active Net Operating Income 48378 Number Of Tenants 6 Operating Expense 88263 Ownership Types Limited Partnership Property Offered For Sale Only Tax Annual Amount 40474.4 Tax Year 2021 Tenant Pays Janitorial ServiceScavenger Total Monthly Income 11387 Township Richmond Type Industrial Zoning Indus

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Berkshire Hathaway Homeservices Starck Real Estate.


© 2022 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 2022-08-18T23:59:28.19 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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