7722 Il Route 84 - Retail FOR SALE


Savanna, IL 61074
$2,600,000 USD
678-735-1386
7722 Il Route 84, Savanna, IL for Sale
$2,600,000 USD
Retail - FOR SALE
1/3
null | 6.52% Cap Rate

7722 Il Route 84
Savanna, IL 61074


HIGHLIGHTS

  • Seller financing available with very attractive debt terms for qualified investors
  • Offered at only $27/SF — far below replacement cost
  • Zero competition — closest competitors over 8 miles away
  • Owner-operated with immediate upside through online advertising and improved occupancy
  • Very attractive projected cash-on-cash returns at stabilization
  • 441 units across 6 properties | 93,054 net rentable SF | 80% unit occupancy

OVERVIEW

Broker Of Record Matthew M. Fitzgerald Matthews Real Estate Investment Services, Inc 471021676, 478027547 (IL) 600 W Fulton, Ste 100 Chicago, IL 60661 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

6.52%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverside Storage Portfolio

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

08-07-25-300-001

ASK ABOUT THIS PROPERTY

Campbell WatkinsMatthews Real Estate Investment ServicesMore Info
678-735-1386

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Campbell WatkinsMatthews Real Estate Investment ServicesMore Info
678-735-1386

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