Industrial
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Approx. 32,001 SF Multi-Tenant Industrial Warehouse Building in Volo, IL Minimum Bid: $1,199,000
Buyer's Premium: 6%
Cooperating Broker's Commission: 2%
Lot: Approx. 2.1 Acres
Building Size: Approx. 32,001 SF
Built: 2001
Leased: 100%
2017 Taxes: $59,106.60
PIN #: 09-02-102-008
Zoning: LI; Light Industrial District
NOI: Approx. $114,752
Cap Rate: 9.6%
Exceptionally well maintained approximately 32,001 sf multi-unit industrial warehouse building is set on approximately 2.1 acres. The building has 5 large open floor plan warehouse units, each with 21' clear ceiling heights, All units have small front office spaces as well.
Highlights:
• 100% Leased through 2021 (All TI's paid by tenants)
• Very stable tenant base (tenants pay utilities w/tax stops in place)
• Each unit has individual drive in bay w/2 compressed air-powered loading docks
• Newly painted building, sealed and striped parking lot, roof inspection
• Clean Phase I and II
Located in Volo, Illinois. Stand alone building located at intersection of West Commerce Drive and North Ellis Drive. It is South of Route 120, West of Route 60 and East of Route 12.
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Approximately 67,000 SF Warehouse in Zion, IL Suggested Opening Bid: $2,899,000 ($43.28/ sf for the Building or $3.03/sf for the Land) Buyer’s Premium: 6% Cooperating Broker Commission: 2% Land Size: Approx. 22 Acres Building Size: Approx. 67,000 SF Warehouse Plus Approx. 10,000 SF Mezzanine Office Space Built: 1996 2018 Taxes: $171,481.40 (All 3 PIN #s) PIN #: 04-18-400-035 PIN #: 04-18-400-037 PIN #: 04-18-400-042 Zoning: HB (Highway Business) & Balance of Vacant Land LM (Light Manufacturing) This move in ready industrial building with HVAC throughout is ideally located for ease of commercial access just 2.5 miles from I-94, facing the corners of Route 173 (Rosecrans Road) and Kenosha Road in Zion, Illinois. The building features approximately 67,000 sf of manufacturing/warehouse space and approximately 10,000 sf of mezzanine office space. Custom built by the owner, the building previously was used for commercial refrigeration manufacturing. This building has expansive, open warehouse/manufacturing space with 22’+ high ceilings, 4 loading docks and over 22 acres for additional expansion or re-development. The property is fully fenced and secured with an electric entry gate. Recently rezoned to the TIF District by the Village of Zion. |