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Listed by Nicholas Nicketakisof Callahan Blandings & Schaper
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Est. payment /mo
32,305 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Pending
Purchase Type For Sale
Square Footage 32,305 sqft
MLS Listing ID 12564582
Year Built 1960
Annual Tax Amount $30,580
Tax Year 2024
Lot Dimensions 322x308
Property Sub-Type Retail/Stores
Property Description
Opportunity Knocks! The availability of this 32,305 sf building on 2.16 acres, with 5 road cuts, located at a stoplight hard corner with approximately 31,000 vehicles per day offers a wonderful circumstance for an owner/user or investor! Substantial demographics within a 3 mile radius include a population approaching 110,000 with an average household income in excess of $90,000 per year. The median age of this site's population in this set is 33.8, 5.3 years below the national median age of 39.1. With a "going in" capitalization rate of 7.52, and approximately 6000 sf of vacant available space, the upside potential of this investment is terrific!
Location
State IL
County Lake
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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