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    26639 Commerce Drive , 403-404

    Volo, IL 60073
    • $704,000
    • STATUS: Active
    • ON SITE: 38 days
    • MLS #: 10812869
    UPDATED: 33 min ago
    $704,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,000
      SQFT
    • $44
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2003
    County:
    Area:

    School Ratings & Info

    Description

    These 2 Industrial condominium units are part of a 4- unit building built in 2002. They are connected internally and occupied by a single tenant who is a commercial manufacturer with a strong occupancy and rental history. Each unit has independent commercial drive in doors and loading docks. They also have separate gas and 277/480V 3 Phase power. Heating is provided by 3-4 overhead gas powered heating systems. The roof is constructed with a Firestone rubber membrane. All roofing, HVAC, driveways, landscaping and brick tuckpointing are regularly maintained and covered by HOA fees (including exterior building insurance). These pristine, fully leased units are offered at an 8% Cap Rate. The units are offered as a package, not individually. This area of Volo is growing both commercially and residentially. These units are in a thriving commercial complex that includes a stable children's day care center. Located near the intersections of Route 120 and Route 60, the average car count per day exceeds 24,000. Association Dues: Unit 403: $9,636/YR; Unit 404: $9,636/YR

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    © 2020 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 2020-09-18T12:53:38.413 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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    26639 Commerce Drive , 403-404 Volo, IL 60073

    • Price: $704,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 10812869
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    16,000
    SQFT
    $44
    $/SQFT
    2003
    Built
    Neighborhood:
    Volo
    County:
    Lake
    Area:
    Volo
    Property Description
    These 2 Industrial condominium units are part of a 4- unit building built in 2002. They are connected internally and occupied by a single tenant who is a commercial manufacturer with a strong occupancy and rental history. Each unit has independent commercial drive in doors and loading docks. They also have separate gas and 277/480V 3 Phase power. Heating is provided by 3-4 overhead gas powered heating systems. The roof is constructed with a Firestone rubber membrane. All roofing, HVAC, driveways, landscaping and brick tuckpointing are regularly maintained and covered by HOA fees (including exterior building insurance). These pristine, fully leased units are offered at an 8% Cap Rate. The units are offered as a package, not individually. This area of Volo is growing both commercially and residentially. These units are in a thriving commercial complex that includes a stable children's day care center. Located near the intersections of Route 120 and Route 60, the average car count per day exceeds 24,000. Association Dues: Unit 403: $9,636/YR; Unit 404: $9,636/YR
    Exterior Features

    Lot Dimensions 16000 Lot Sq Ft 16000 Number Of TLDocks 2

    Interior Features

    Air Conditioning None Ceiling Hgt Max Ft 16 Ceiling Hgt Max In 19 Ceiling Hgt Min Ft 16 Ceiling Hgt Min In 19 Fire Protection Alarm On Site Number Of Drive In Doors 4 Number Of Stories 1

    Property Features

    Age 16-25 Years Built Before1978 YN No Electrical Service 201-600 Amps Geographic Locale North Suburban Gross Rental Income Amount 106104 Heat Ventilation Gas Max Avail Sq Ft Rentable 16000 Min Avail Sq Ft Rentable 8000 Net Oper Income Amount 56000 Property Offered For Sale Only Tax Year 2019 Taxes 23153 Tenant Pays ElectricHeatJanitorialOperating StopsRepairs And MaintenanceScavengerTax Stops Total Annual Exp 54913 Total Annual Income 106104 Township Wauconda

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Aw Properties Global/Auction Works.


    © 2020 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 2020-09-18T12:53:38.413 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
     
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    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647