320 W Lincoln Hwy - Industrial FOR SALE


Cortland, IL 60112
$1,100,000 USD
630-715-5714
320 W Lincoln Hwy, Cortland, IL for Sale
$1,100,000 USD
Industrial - FOR SALE
1/27
null | Request Cap Rate

NEW


320 W Lincoln Hwy
Cortland, IL 60112


HIGHLIGHTS

  • Three Acre Site With Outdoor Storage
  • 7140 sf Combined Warehouse and Office Space
  • 2 Miles to I-88

OVERVIEW

Available for sale or for lease this three acre completely fenced site with three buildings is ready for immediate occupancy. Only 2 miles to I-88! Historically used by a fence company the property is set up perfectly for contractors or other users that require hard to find outside storage. The main building is 7140 sf and it features 5340 sf of warehouse space and 1800 sf of office space. There is also an 1800 sf mezzanine that is suitable for storage. The heated warehouse space features 16' ceilings (12' minimum clear), four 14' tall overhead doors and one 16' tall overhead door. The heated and air conditioned office space is comprised of a large reception area, five private offices, a conference room, a break room with a sink and an IT room. There are also two bathrooms including the warehouse bathroom which features a shower. There are two unheated, uninsulated steel outbuildings. The front outbuilding, totaling approximately 2520 sf, is separated into two areas with three OHD openings, 11' clear ceiling height, a concrete floor and a 200 amp electric panel. The other outbuilding is approximately 4320 sf and features two OHD openings, 16' clear ceiling height and a gravel floor. Other features include a motorized security gate and a manual interior yard gate. The property is on well and septic. Available for lease at $8800/mo modified gross.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Cortland Contractor Yard

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Garden Center, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3

LAND SF

130,680

ZONING

C2

APN/PARCEL ID

09-30-200-009

ASK ABOUT THIS PROPERTY

Charles KirkwoodColdwell BankerMore Info
630-715-5714

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Charles KirkwoodColdwell BankerMore Info
630-715-5714

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