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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 (60,984 SF)
Ceiling Height:14'0''-16'0'' Loading Docks:1 ext Rail:- Power:200a 1p
For Sale Price:$889,000 Price/SF:$42.62
Cap Rate:8.30 %
Smallest Space:1,825 SF Largest Space:1,825 SF Total Space Avail:1,825 SF Rent/SF/Yr:
$7.23
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


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,825 SF
$7.23/SF/Yr
Vacant
Negotiable
Industrial
 
11554445


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,825 SF
$7.23/SF/Yr
Vacant
Negotiable
Industrial
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:
MULTI TENANT INDUSTRIAL
100% LEASED INVESTMENT
20,860 SF (10 Units)
8.3% 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 $74,012. Contact broker for financials.

Rakow Rd. east to Pyott, north to Jennings.

Premier Commercial Realty
Heather Schweitzer
(847) 854-2300 x15


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



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