1119 Kickapoo St - Warehouse FOR SALE


Lincoln, IL 62656
$3,500,000 USD
847-682-5024
1119 Kickapoo St, Lincoln, IL for Sale
$3,500,000 USD
Warehouse - FOR SALE
1/16
null | Request Cap Rate

1119 Kickapoo St
Lincoln, IL 62656


HIGHLIGHTS

  • 247,000 SF industrial warehouse
  • No deferred maintenance
  • 1 Active tenant and seller will sign 1 year leaseback for 20,000 SF at $3.40/SF Gross per year
  • Building has not been actively marketed for lease in 15 years
  • Lucrative opportunity to add value through leasing out remaining spaces with no deferred capital expenditures
  • Well located just 3 miles from I-55 interchange

OVERVIEW

Lucrative opportunity to add value through leasing out remaining spaces with no deferred capital expenditures.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$14 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hughes Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

23.5 Ft

DOCKS

12

DRIVE INS

3

PARKING SPACES

100

LAND DETAILS

LAND ACRES

12.8

LAND SF

557,568

ZONING

I-2

APN/PARCEL ID

08-030-048-00,08-030-049-00,08-255-056-51

ASK ABOUT THIS PROPERTY

Kellen DugganFriedman Real EstateMore Info
847-682-5024

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Kellen DugganFriedman Real EstateMore Info
847-682-5024

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.