Price Reduced Listing
$435,000
( $108.75Per Sq Foot )
$2,335 est/mo Sourced by Back At You9001 Us Route 12 , Richmond, IL 60071
Richmond, IL 60071
Description
FULLY LEASED INVESTMENT OR USER/INVESTOR OPPORTUNITY 2-UNIT AUTO CENTER 100% leased 2-unit automotive building with long leases thru 2029*. Pete's Paint Works & Medina Cars are both long term tenants (since 1986 and 2016). All masonry building on US Highway 12. Pete's Paint address is 9001 and Medina Cars is 9003. (*) Medina expires 2026 with an option to renew thru 2029. Original building built in 1959 with additions. New Membrane roof and overhead doors. USER/INVESTOR POTENTIAL-Auto body tenant will move out for a buyer who needs his 2800 sf space. 10.57% CAP rate. Ask broker for rent roll and operating statement. Owner is a licensed Illinois Broker.
Details
| MLS# | 12161544 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 132 |
| Listing Provided By | Premier Commercial Realty | Bruce Kaplan |
Features
| SQ Feet | 4,000 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Zoning | COMMR |
Market Activity 60071
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Learn More About This Property
| State | IL |
|---|---|
| County | McHenry |
| City | Richmond |
| Zip Code | 60071 |
| Area | Richmond |
| Listing VS Median (in 60071) | |
Price: $435,000 low | high Med: $312,450 SqFt: 4,000 low | high Med: 3,078 $ / SqFt: $109 low | high Med: $121 On Site: 132 low | high Med: 348.000000 | |
Listing Updated: January 21, 2025 at 3:54:36 PM PST