702 Magna Dr - Warehouse FOR SALE


Round Lake Heights, IL 60073
$1,628,000 USD
224-588-3026
702 Magna Dr, Round Lake Heights, IL for Sale
$1,628,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

702 Magna Dr
Round Lake Heights, IL 60073


HIGHLIGHTS

  • Rare freestanding, single-tenant industrial building.
  • Situated on a sizable 2.3-acre parcel with ample parking.
  • Functional office-to-warehouse ratio for operational efficiency.
  • Located in Lake County, positioned between Chicago and Milwaukee with strong regional accessibility.

OVERVIEW

702 Magna Drive in Round Lake, Illinois presents the opportunity to acquire a ±14,800 square foot single-tenant industrial building situated on approximately 2.3 acres. Originally constructed in 1989, the property features a functional industrial layout with approximately 2,045 square feet of office space and a 17-foot clear height warehouse. The facility is equipped with 400-amp, 3-phase power and offers efficient loading with one interior dock with leveler and one drive-in door (12’ x 14’), supporting a variety of industrial users. The freestanding building benefits from its I-1 zoning designation and potential for outdoor storage, as well as its location within Lake County, a business-friendly area positioned between Chicago and Milwaukee with access to a strong labor pool and regional transportation routes. The property is offered for sale at $1,628,000, providing investors or owner-users the opportunity to acquire a functional and well-located industrial asset

FOR SALE DETAILS

PRICE

$1,628,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

17 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.3

LAND SF

100,188

ZONING

I-1

APN/PARCEL ID

06-20-303-005

ASK ABOUT THIS PROPERTY

Mike DeSertoEntre Commercial Realty LLCMore Info
224-588-3026

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Mike DeSertoEntre Commercial Realty LLCMore Info
224-588-3026

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