145 Sayton Road

    Fox Lake, IL 60020
    • $1,490,000
    • STATUS: Active
    • ON SITE: 942 days
    • MLS #: 09603344
    UPDATED: 60 min ago
    $1,490,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 37,000
      SQFT
    • $40
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:
    Area:

    School Ratings & Info

    Description

    Priced at a potential 10% CAP rate with low rents and upside potential! Multi-tenant retail, office and industrial space with approximately 37,000 SF of building and 4 acres of land...Great opportunity at a low price per SF and below market rents!! Some of the tenants have been there many years. The extra land was once approved for self storage buildings. Excellent opportunity to add value. CASH COW!!

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2019-11-21T15:51:57.987 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.tsgre.com/homes/71894403

    145 Sayton Road Fox Lake, IL 60020

    • Price: $1,490,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: 09603344
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    37,000
    SQFT
    $40
    $/SQFT
    2005
    Built
    Neighborhood:
    Fox Lake
    County:
    Lake
    Area:
    Fox Lake
    Property Description
    Priced at a potential 10% CAP rate with low rents and upside potential! Multi-tenant retail, office and industrial space with approximately 37,000 SF of building and 4 acres of land...Great opportunity at a low price per SF and below market rents!! Some of the tenants have been there many years. The extra land was once approved for self storage buildings. Excellent opportunity to add value. CASH COW!!
    Exterior Features

    Construction ConcreteConcrete BlockSteel Foundation Concrete Frontage Access City Street Lot Dimensions 460 X 202 X 513 X 254 X 157 Lot Sq Ft 174240 Number Of Parking Spaces 35

    Interior Features

    Air Conditioning Central Air Fire Protection Alarm Monitored Floor Finish ConcreteTileVariesWood Miscellaneous Inside Multi-TenantOverhead Door/SPrivate Restroom/SPublic Restroom/S Number Of Apts 0 Number Of Offices 1 Number Of Stores 5 Number Of Stories 1

    Property Features

    Age 7-15 Years Built Before1978 YN No Electric Expense Source Owner Projection Electrical Service Circuit Breakers Electricity Expense 0 Estimated Cam SF .5 Expense Year 2018 Exterior Building Type Steel SidingBlock Fuel Expense 0 Fuel Expense Source Owner Projection Geographic Locale Northwest Suburban Gross Rental Income Amount 243300 Heat Ventilation Forced AirGas Insurance Expense 8530 Insurance Expense Source Owner Projection Lease Type Gross Net Oper Income Amount 14165 Net Operating Income Year 2019 Other Expense Source Broker Projection Other Expenses 16568 Potential Use CommercialIndustrial/MfgOffice And ResearchRetailSpecial UseOther Rental Price 7.27 Tax Year 2018 Taxes 48642 Tenant Pays Air ConditioningElectricHeatJanitorialScavengerWater/Sewer Total Annual Exp 101650 Total Annual Expense Source Broker Projection Total Annual Income 243300 Total Monthly Income 20275 Township Grant Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-Municipal Water Expense 0 Water Expense Source Owner Projection Zoning Type Other

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Showcase.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2019-11-21T15:51:57.987 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647