665-675 Tollgate Rd - Flex FOR SALE


Elgin, IL 60123- Northwest Elgin
$5,069,799 USD
847-471-2429
665-675 Tollgate Rd, Elgin, IL for Sale
$5,069,799 USD
Flex - FOR SALE
1/6
null | 7.75% Cap Rate

665-675 Tollgate Rd
Elgin, IL 60123
Northwest Elgin


HIGHLIGHTS

  • Single Story Office/Flex
  • Immediate Expressway Access
  • 15 Tenants the Largest of Which is 15.1% of the Total Occupied Area
  • Minimal Common Area for Maintenance
  • All Private Restrooms and Private Entrances
  • Diverse Tenant Mix of Office, Flex and Warehouse Users

OVERVIEW

Fully stabilized multi-tenant single story office/flex property with immediate access to I-90 off the Route 31 ramp. The property is 100% occupied with 15 separate units, the largest of which is no more than 13.2% of the total building minimizing cash flow disruptions. All private entrance single story office and flex mixture with minimal common area (one shared loading hallway). The building has a covered shared loading area with one (1) loading dock with leveler and one ramp.

FOR SALE DETAILS

PRICE

$5,069,799 USD

PRICE/SF

$128 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Leslie Oaks Bus Ctr 3

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Light Distribution, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

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

CLEAR CEILING HT

13.5 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

80

LAND DETAILS

LAND ACRES

3.05

LAND SF

132,858

ZONING

GI

APN/PARCEL ID

03-34-351-020

ASK ABOUT THIS PROPERTY

Nicholas Kyriazes360 Real Estate ServicesMore Info
847-471-2429

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Nicholas Kyriazes360 Real Estate ServicesMore Info
847-471-2429

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