Industrial Investment Building

  SOLD December 2023 for $950,000

470 Jennings Drive, Lake in the Hills, Illinois 60156


Documents
Building Size13,883 Square Feet
Land Size1.07 Acres
ZoningM1
Parking40
WaterWell
SewerCity
Electric200 amp
Year Built1998

INDUSTRIAL BUILDING

FULLY LEASED

13,883 SF

Fully leased 7-tenant industrial building with 13’ ceilings, 1 ADA bath per unit, 8 DID’s (7 12x12 and 1 12x30) and approx. 30 common parking spaces. Zoned M1.

Being sold at an 8% CAP with 5% vacancy factor.

Part of a 3 building portfolio of fully leased Industrial buildings for $2,578,246 (471 and 450 Jennings). Each building listed separately but available as a portfolio.

An 8,700 SF user flex building is also available for $737,500 (460 Jennings).

Rent Roll and APOD for Bldg. 470 Jennings attached.

Contact broker for full portfolio financials.


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


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