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541 Jennings Drive, Lake in the Hills, IL

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541 Jennings Drive

Lake in the Hills, IL 60156 - McHenry County Ind Submarket

Property Type:Industrial Sub Type:Manufacturing Status:Existing Year Built:1993
Building Size:20,860 SF Land Area:1.4 AC (61,001 SF)
Ceiling Height:14'0''-16'0'' Loading Docks:1 ext Rail:- Power:200a 1p
For Sale Price:$850,000 Price/SF:$40.75
Cap Rate:-
Zoning:M-1 Sprinklers:- Drive Ins:11 tot./12'0''w x 14'0''h Cranes:-
Parking:Free Surface spaces are available; Ratio of 1.46/1,000 SF Amenities:Air Conditioning

End unit industrial space available. Small 400± SF office with 1,600± SF warehouse, two 12x14’ DIDs. Only $6.75 psf gross, includes taxes, insurance, CAM & water. Tenant responsible for $30/month scavenger plus gas and electric.

Sale Notes:
20,860 SF (10 Units)

8.7% CAP rate on a fully leased 10 unit industrial building in Lake in the Hills.
Metal building on 1.4 acre with easy access to Rakow Road (Randall Road), Route 14 and Route 31. Current NOI $74,104. Contact broker for financials.

Krenger Real Estate, LP
John R Krenger
(773) 528-7776

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