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DESCRIPTION

Excellent investment opportunity!! This commercial portfolio features four (4) office buildings located across a sprawling and well-maintained business campus in the thriving Flossmoor community with a single-occupancy tenant currently under a 35-year NNN lease term from 02/01/2023 thru 03/01/2058 at a monthly rent of $350,000. Portfolio includes these (3) additional office buildings: 19720 Governors Hwy. (PIN 31114040180000); 19730 Governors Hwy. (PIN 31114040170000); and 19740 Governors Hwy. (PIN 31114040130000).

KEY DETAILS
  • Price:
  • $100,000,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 4.37
  • Year Built:
  • 1985
  • MLS #:
  • MRD11739314
  • Street Address:
  • 19710 Governors Hwy
  • City:
  • Flossmoor
  • State:
  • IL
  • Postal Code:
  • 60422
  • County:
  • Cook
  • Area:
  • Flossmoor
  • Listing Status:
  • For Sale - New

Building

  • Exterior Description:
  • Brick
  • Flooring:
  • Carpet, Tile
  • Foundation:
  • Concrete Perimeter
  • Leasable Square Feet:
  • 2000
  • Stories:
  • 1
  • Type Of Roof:
  • Composition
  • Year Built:
  • 1985

Business

  • Estimated Potential Income:
  • 350000
  • Gross Income:
  • 4200000

Land

  • Conforms To Zoning:
  • Commr
  • Existing Land Use:
  • Commercial
  • Lot Frontage:
  • County Road, Frontage Road, Public Road, Township Road
  • Lot Square Footage:
  • 49821
  • Suitable Use:
  • Commercial, Office And Research

Listing

  • Days On Market:
  • 2
  • Originating Mls:
  • Mred

Money

  • Property Taxes:
  • $90,918
  • Tax Year:
  • 2021
  • Tenant Pays:
  • Common Area Maintenance, Janitorial Service, Taxes, Insurance, Repairs

Systems

  • Cooling System:
  • Central Air
  • Electricity:
  • Circuit Breakers, Service - 201 To 600 Amps, Power - 120v
  • Utilities:
  • Electric To Site, Gas To Site, Septic-Mechanical, Sewer-Storm Available, Water-Community, Water-Municipal, Cable Available

Source

  • Listing Provided By: Kim Cypress with All In One Realty

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