Investment Opportunity 100% Industrial
SOLD March 2024 for $1,000,000
641 Industrial Drive, Cary, Illinois 60013
| Building Size | 11,623 Square Feet |
| Land Size | 918 Acres |
| Zoning | M |
| Parking | 20 |
| Water | city |
| Sewer | city |
| Electric | 200 amp 3 phase |
| Year Built | 2003 |
Multi-Tenant Industrial Building
11,623 SF
FULLY LEASED
Fully leased 6-unit masonry multi-tenant industrial building. 11,623 SF with 1,937 SF units, 16’ ceilings, 6- 10’x12’ DID’s. Built in 2003 on .918 AC (2 PINs, also has 19-12-351-013).
Well cared for. Can show one unit before accepted offer or LOI and the balance after accepted LOI. Cap rate 6.5% at full occupancy but has upside for rent increases and successful tax appeal.
Owner is a licensed real estate broker. Do not disturb tenants. Gas and electric separately metered.
Agent
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Office Phone: (847) 854-2300 ext. 20Mobile: (847) 507-1759
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.