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Industrial Investment in DeKalb

  SOLD June 2021 for $1,450,000

2205 Pleasant Street, Dekalb, Illinois 60115


Building Size40,900 Square Feet
Land Size3.28 Acres
ZoningH1
Parking42
Watercity
Sewercity
Electric400 amp 3 phase
Year Built1998

TWO BUILDINGS - ONE OWNER

Two, one owner pre-engineered steel 98.5% leased industrial buildings with 1 vacant manager’s office that could be leased. Buildings are adjacent with 2 PINs and share a rear parking area on 3.28 acres. 5 tenants, most have been there a long time. 7.7% CAP rate includes deductions for vacancy, management and reserves. Upside potential as some rents are below market. July 2020 appraisal on file for $1,600,000. Contact broker for rent roll and operating statement. Second building address is 633 Enterprise Ave. Both must be sold as a package


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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