400 Ne Frontage Rd - Distribution FOR SALE


Shorewood, IL 60404
$1,650,000 USD
708-707-2377
400 Ne Frontage Rd, Shorewood, IL for Sale
$1,650,000 USD
Distribution - FOR SALE
1/11
null | 10% Cap Rate

400 Ne Frontage Rd
Shorewood, IL 60404


OVERVIEW

Excellent investment property with multiple long term tenants, in a great business area of Shorewood, IL is offered for sale at 10% CAP rate. 3 buildings of total +/- 11,000Sf. 2 Fully leased Commercial/Industrial Buildings and 1 building with 20 Self-storage units. The property is zoned B-3 that allows a wide variety of business operations. Outdoor storage and parking for RVs, boats, ample space for service pick-ups and delivery box trucks. Great place for contractor equipment and material storage. Fenced and secured with automatic gate, video monitored outdoor area as well as the entire property is the perfect solution for local storage needs. 24/7 access. Good, convenient location with great visibility, right off I-55 and 3 miles from I-80 interchange.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Auto Repair, Manufacturing, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

2.02

LAND SF

87,991

ZONING

B-3

APN/PARCEL ID

05-06-10-402-115

ASK ABOUT THIS PROPERTY

Darius JusaitisUSA Commercial GroupMore Info
708-707-2377

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Darius JusaitisUSA Commercial GroupMore Info
708-707-2377

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