401 E 60 Highway Volo, IL $ 642,000
401 E 60 Highway
$ 642,000
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401 E 60 Highway

Volo, IL, 60073
$ 642,000
Baths0.0 Sq 6,979

Monthly Estimate*

$ 4,485

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Studio

Commercial Property for sale in Volo, IL

for $642,000. This 6,979 square foot building was built in 2002 on a lot size of 1.28.

USER-INVESTOR OPPORTUNITY......EXCEPTIONALLY WELL-MAINTAINED OFFICE-FLEX-RETAIL SPACE.WITH 50 CAR PARKIONG. 5 INDIVIDUAL DESIGNED UNITS. 1425 TO 5575 AVAILABLE. 1,425 SF UNIT, RENT IS 1,250 A MTH AND A 4,150 SF UNIT WITH RENT IS $4.500 A MTH OR UP TO 5,575 SF COMBINED. THE PROPERTY HAD A CHURCH OCCUPYING 4,150 SF- 3 UNITS THAT WAS PREVIOUSLY A CHILD LEARNING CENTER THAT UTILIZED THE REAR FENCED-IN YARD AS PLAY AREA. GOOD BUILDING FOR A TRAINING CENTER. LARGE PARKING AREA.

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Commercial Contingent

Price

$ 642,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 15,867

Style

Commercial,Office,Special Use

Lot Size

1.28

Year Built

2002

Town/City

Volo

County/Region

Lake

MLS | Web ID

11772580

Features
General
Cooling Central Individual
Roof Membrane
Zoning RTAIL
Construction Materials Brick Block
Year Built 2002
Electric Separate Meters Service - 101 to 200 Amps
Tenant Pays Air Conditioning Electricity Heat Janitorial Service Operating Stops Scavenger Sewer Varies by Tenant
Stories 1
Township Wauconda
Property SubType Medical Office Other
Tax Year 2021
Current Use Commercial Office Special Use
Gross Income 0
County Lake
Net Operating Income 0
Operating Expense 20965
Property Type Commercial Sale Office/Tech
Contingency Attorney/Inspection
Possible Use Commercial Office and Research Retail Single Room Occupancy
Status Contingent
Directions Rand Road to Rt 120 go east a few blocks to Rt 60 then South a few feet to the driveway to 401 E Rt 60.
City Volo
Total Units 5
MLS Area Volo
Lot Size Square Feet 55757
Street Name 60
Tax Annual Amount 15867
Additional Parcels Y/N N
Leasable Area 6979
Virtual Tour https://tours.vht.com/BWI/T434317809/nobranding
Days on Market 345
Lease Type Gross
Standard Status Active Under Contract
Total Actual Rent 4500
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Interior
Flooring Carpet Tile Varies Vinyl Other
Street Suffix Highway
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 6979
Lot Dimensions 1.28 ACRES
Lot Size Acres 1.28
Exterior Brick Block
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* Excluded Features
List By
Baird & Warner

Broker

mike.bischoff@bairdwarner.com

Email

Affordability Calculator

$5,807
Per Month
77%
23%
0%
Monthly Principal & Interest
$4,485
Monthly Property Taxes
$1,322
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2023$629,000 Listed Price

Map


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401 E 60 Highway, Volo, IL, 60073 is a Commercial Property for sale at $642,000 with 6,979 sqft and a lot size of 1.28. 401 E 60 Highway is a studio with 0.0 baths and was built in 2002. The property's zip code is 60073 which is in Volo, IL