220 N River St - Freestanding FOR SALE


East Dundee, IL 60118
$1,650,000 USD
847-854-2300
220 N River St, East Dundee, IL for Sale
$1,650,000 USD
Freestanding - FOR SALE
1/41
null | 7.89% Cap Rate

220 N River St
East Dundee, IL 60118


OVERVIEW

Investment Opportunity 11,500 SF Single tenant, 11,500 SF two-story office investment building in the heart of downtown East Dundee. This elevator equipped building has beautiful architecture throughout with exposed brick, wood beams and hardwood floors. The first floor has an impressive reception area, seven large private offices with natural light and glass walls, conference room, kitchen/break area, two bathrooms and a shower room. The second floor has five large offices, each with windows and glass walls. A conference room, two bathrooms, kitchen/break area as well as a lovely 500 SF open terrace. The existing tenant has been leasing this location since 2015. Tenant pays all utilities, taxes and maintenance on the building. Contact broker for financials.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

7.89%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,779 SF

ZONING

B1

APN/PARCEL ID

03-23-315-001

ASK ABOUT THIS PROPERTY

Sharon GlasshofPremier Commercial RealtyMore Info
847-854-2300

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Sharon GlasshofPremier Commercial RealtyMore Info
847-854-2300

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