THIS PROPERTY IS OFFERED UNDER A TRIPLE NET LEASE, FULLY GUARANTEED BY A LARGE CORPORATE TENANT, PROVIDING STRONG AND RELIABLE INCOME. THE TENANT IS RESPONSIBLE FOR ALL UTILITIES, PROPERTY TAXES, REPAIRS, AND MAINTENANCE, MAKING THIS A TRULY PASSIVE, ARMCHAIR INVESTMENT. AN EXCELLENT OPPORTUNITY FOR INVESTORS SEEKING STABLE RETURNS, AND IDEAL FOR A 1031 EXCHANGE. 8% Cap Rate Return on Investment! The building offers a reception area, private office space, warehouse area, restrooms, and two drive-in overhead doors for convenient access and operational efficiency. Situated on a large lot, the property provides ample space for parking, storage, or potential future expansion. A strong addition to any investment portfolio.
| MLS # | 12575441 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 195 |
| Listing Provided By | Avenue 1 Realty Group | Ronald Ohr |
| SQ Feet | 2,100 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | INDUS |
| Acreage | 0.66 |
| Cooling | Central Air |
|---|
| Construction Materials | Brick |
|---|
| Electric | Service - 201 to 600 Amps |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 11996 |
| State | IL |
|---|---|
| County | DuPage |
| City | Carol Stream |
| Zip Code | 60188 |
| Area | Carol Stream |
| Listing VS Median (in 60188) | |
Price: $899,000 low | high Med: $364,500 sqft: 2,100 low | high Med: 1,267 $ / sqft: $428 low | high Med: $291 On site: 195 low | high Med: 39 | |
| State | IL |
|---|---|
| County | DuPage |
| City | Carol Stream |
| Zip Code | 60188 |
| Area | Carol Stream |
| Listing VS Median (in 60188) | |
Price: $899,000 low | high Med: $364,500 sqft: 2,100 low | high Med: 1,267 $ / sqft: $428 low | high Med: $291 On site: 195 low | high Med: 39 | |