700 Industrial Drive

    Cary, IL 60013
    • $1,750,000
    • STATUS: Active
    • ON SITE: 236 days
    • MLS #: 09891327
    UPDATED: 41 min ago
    $1,750,000
    • 0
      BEDS
    • 2.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 36,000
      SQFT
    • $49
      $/SQFT
    Type:
    Commercial
    Built:
    1979
    County:

    School Ratings & Info

    Description

    FULLY LEASED 6-TENANT INDUSTRIAL BUILDING WITH MOSTLY LONG TERM TENANTS. PART OF A 2 BUILDING PORTFOLIO FOR SALE IN THE SAME INDUSTRIAL PARK BY THE SAME OWNER (SEE MLS# 09891074) BEING OFFERED AT AN 8% CAP RATE (WITH 5% VACANCY FACTOR). ASK BROKER FOR RENT ROLL AND OPERATING STATEMENT.

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    © 2018 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 MKT Properties | Keller Williams. 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 MKT Properties | Keller Williams 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: 2018-11-13T18:52:02.533.

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    www.mktproperties.com/homes/81860958

    700 Industrial Drive Cary, IL 60013

    • Price: $1,750,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 09891327
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.3
    Acres
    36,000
    SQFT
    $49
    $/SQFT
    1979
    Built
    Neighborhood:
    Cary / Oakwood Hills / Trout Valley
    County:
    McHenry
    Area:
    Cary / Oakwood Hills / Trout Valley
    Property Description
    FULLY LEASED 6-TENANT INDUSTRIAL BUILDING WITH MOSTLY LONG TERM TENANTS. PART OF A 2 BUILDING PORTFOLIO FOR SALE IN THE SAME INDUSTRIAL PARK BY THE SAME OWNER (SEE MLS# 09891074) BEING OFFERED AT AN 8% CAP RATE (WITH 5% VACANCY FACTOR). ASK BROKER FOR RENT ROLL AND OPERATING STATEMENT.
    Exterior Features

    Construction BrickSteel Docks Exterior Door Dimensions 10X12 Foundation Concrete Frontage Access City Street Location Industrial Park Lot Dimensions 270X466X370X245 Lot Sq Ft 100188 Number Of TLDocks 3 Roof Coverings Metal Roof Structure Metal DeckingPitched

    Interior Features

    Air Conditioning Central AirOffice Only Ceiling Hgt Max Ft 13 Ceiling Hgt Max In 0 Ceiling Hgt Min Ft 16 Ceiling Hgt Min In 0 Fire Protection Fire Extinguisher/S Floor Finish CarpetConcreteTileVaries Miscellaneous Inside Private Restroom/S Number Of Drive In Doors 10 Number Of Stories 1

    Property Features

    Age 36-50 Years Built Before1978 YN No Clear Span YN No Current Use Other Electrical Service Circuit Breakers101-200 Amps201-600 Amps480V Power3 Phase Expense Year 2017 Exterior Building Type Steel SidingBrick Extra Storage Spaces Available YN No Geographic Locale Northwest Suburban Gross Rental Income Amount 22447 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 14019 Net Operating Income Year 2017 Number Of Tenants 6 Possession Closing Potential Use Industrial/Mfg Property Offered For Sale Only Sale Terms Conventional Seller Will Other Tax Year 2017 Taxes 44174 Tenant Pays Air ConditioningElectricHeatJanitorialScavengerWater/Sewer Total Annual Exp 73058 Total Annual Expense Source Actual Total Annual Income 224472 Total Monthly Income 18706 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 © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Premier Commercial Realty.


    © 2018 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 MKT Properties | Keller Williams. 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 MKT Properties | Keller Williams 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: 2018-11-13T18:52:02.533.

    Digital Millennium Copyright Act
     
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