Investment Opportunity 100% Industrial
641 Industrial Drive, Cary, Illinois 60013
Sold: $1,000,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
11,623 sqft
Land Size
918 acres
Sewer
city
Water
city
Zoning
M
Electric
200 amp 3 phase
Year Built
2003
Parking
20
Property Description
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.
