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DESCRIPTION

EXCELLENT INCOME PROPERTY IN FAST GROWING COMMUNITY OF HUNTLEY. PROPERTY BEING SOLD AT A 7.2% CAP RATE WITH PERSONAL GUARANTEES FROM TENANTS ON ALL LONG TERM LEASES. ACROSS FROM LIBRARY AND VILLAGE COMPLEX. 20,000 SF BUILDING WITH 25' CLEAR SPAN CEILINGS AND 4 DRIVE IN DOORS. 1,500 SF OF OFFICE SPACE

KEY DETAILS
  • Price:
  • $1,795,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 1.55
  • Year Built:
  • 1999
  • MLS #:
  • MRD11443054
  • Street Address:
  • 10991 Ruth Rd
  • City:
  • Huntley
  • State:
  • IL
  • Postal Code:
  • 60142
  • County:
  • Mc Henry
  • Area:
  • Huntley
  • Listing Status:
  • For Sale - Active

Building

  • Flooring:
  • Carpet, Concrete
  • Foundation:
  • Concrete Perimeter
  • Stories:
  • 1
  • Type Of Roof:
  • Metal
  • Year Built:
  • 1999

Business

  • Estimated Potential Income:
  • 14800
  • Gross Income:
  • 177600
  • Net Operating Income:
  • 129079
  • Operating Expense:
  • 48521

Land

  • Conforms To Zoning:
  • Manuf
  • Existing Land Use:
  • Commercial
  • Lot Square Footage:
  • 67677
  • Suitable Use:
  • Commercial, Retail

Listing

  • Days On Market:
  • 6
  • Originating Mls:
  • Mred

Money

  • Property Taxes:
  • $38,219
  • Tax Year:
  • 2020
  • Tenant Pays:
  • Air Conditioning, Electricity, Heat, Janitorial Service, Sewer, Varies By Tenant

Structures

  • Parking Spaces:
  • 70

Systems

  • Cooling System:
  • Central Air
  • Electricity:
  • Circuit Breakers, Service - 101 To 200 Amps
  • Utilities:
  • Gas To Site, Sanitary Sewer, Water-Municipal, Water To Site

Source

  • Listing Provided By Berkshire Hathaway Homeservices Starck Real Estate

    ILMRED
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NOTES

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