320 E Main St - Warehouse FOR SALE


Lake Zurich, IL 60047
$4,950,000 USD
773-572-5834
320 E Main St, Lake Zurich, IL for Sale
$4,950,000 USD
Warehouse - FOR SALE
1/3
null | Request Cap Rate

320 E Main St
Lake Zurich, IL 60047


HIGHLIGHTS

  • AVAILABLE FOR SALE OR LEASE
  • LOW PROPERTY TAXES
  • RECENTLY REPLACED ROOF
  • EASILY ACCESSIBLE
  • BACKLOT FOR OUTDOOR STORAGE AND ADDITIONAL PARKING

OVERVIEW

Matthews™ is pleased to present 320 E Main St located in Lake Zurich, IL. The property, built in 1980 and remodeled in 2007, is comprised of approximately ±83,599 square feet on ±4.96 acres of land. There are five loading docks and one drive-in door located in the front of the property. Located at the back of the building is a second drive-in door and a large lot with secure access for additional storage or truck parking. Clear heights vary from 14’-22’. Ownership replaced the roof after taking possession of the building in the Spring of 2022. The property is currently occupied by a single tenant under a month to month lease. This property is for sale or lease with occupancy available immediately.   Lake Zurich is approximately 40 miles northwest of downtown Chicago and 24 miles northwest of O’Hare International Airport. 320 E Main St is situated on State Route 22 providing convenient access to connecting interstates. There are over ±100,000 people that live within 5? miles of the property with an average household income of $150,000.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

320 E Main St

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

20 Ft

DOCKS

10

DRIVE INS

2

PARKING SPACES

150

LAND DETAILS

LAND ACRES

4.96

LAND SF

216,058

ZONING

I-2

APN/PARCEL ID

14-16-300-047

ASK ABOUT THIS PROPERTY

Nelson DamoreMatthews Real Estate Investment ServicesMore Info
773-572-5834

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Nelson DamoreMatthews Real Estate Investment ServicesMore Info
773-572-5834

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