Owner/User Opportunity
$1,400,000
Listing Resources
Listing Description
Investment Properties/Owner User Opportunity. Two buildings that are 4,140 SF each. Currently 6.79% CAP rate with the vacancy.
1,380 SF Executive Office For Lease – Office offers an open reception area with a separate waiting room, 3 offices, conference room, kitchen area, and 1 ADA restroom. Marquee and Building Signage included.
Located on North Illinois Street (IL Route159), just minutes from I-64 (Exit12). 24,200 ADT on IL Route 159.
Sale Price: $1,400,000
Listing Details
Listing No : 3032
Sale Or Lease : For Sale
Property Type(s) : Investment, Office, Office - General Office
Building Size (Sqft) : 8,280 Sqft
Lot Size (Acres) : 0.59 Acre(s)
Sale Price : $1,400,000
CAP Rate : 6.79%
Parcel No : 03-34.0-102-004
Zoning : Planned Business
Parking : 52
Parking Surface Type : Asphalt
Property Tax : $12,578
Tax Year : 2023
Traffic Count : 24,200
Year Built : 2005
Class : B
Clearance Min : 8 ft
Clearance Max : 9 ft
Acres : 0.59 Acre(s)
Frontage : 200 ft
Depth : 115 ft
-
Tony
Smallmon
- Office: 618-277-4400 Ext. 18
- Mobile: 618-407-4240
- tonys@barbermurphy.com