Lake Bluff Industrial/IOS/Sports-Rec Industrial FOR SALE


Lake Bluff, IL
$5,900,000 USD
312-305-2902
, Lake Bluff, IL for Sale
$5,900,000 USD
Industrial - FOR SALE
1/7
null | 8.14% Cap Rate

Lake Bluff Industrial/IOS/Sports-Rec
Lake Bluff, IL


HIGHLIGHTS

  • High exposure location on Skokie Highway (IL Hwy 41)
  • Fully leased property at reasonable price PSF
  • Significant recent capital investment: parking lot, partial roof, new tenants in over 80% of property

OVERVIEW

Fully leased investment offering comprised of 3 buildings totaling 70k SF on 7 acres of land. Significant recent capital investment with over 80% of the complex having been re-leased in the past 18 months. Reasonable price PSF with room to increase rents through escalations and leasing of outdoor storage areas. Tenants include a mix of sports/recreational users (baseball, soccer and an ice rink) as well as traditional industrial tenants; some that utilize outdoor storage areas.

ASK ABOUT THIS PROPERTY

Daniel BenassiEntre Commercial Realty LLCMore Info
312-305-2902

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Daniel BenassiEntre Commercial Realty LLCMore Info
312-305-2902

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