31632 N Ellis Drive # 111
Volo, IL, 60073 $ 204,900
Bedrooms-- Baths-- Sq 1,776 Monthly Estimate*
$ 1,294
for $204,900. This 1,776 square foot building was built in 1999.
Own your business space instead of leasing. This is an exceptional opportunity to acquire a move-in-ready 1,776-square-foot industrial office condominium in a professionally maintained business park with excellent access to Route 12 and Route 120. Offering the ideal combination of professional office space and functional warehouse capability, this versatile property is designed to accommodate a wide variety of businesses while providing the flexibility to adapt as your operational needs evolve. The current floor plan features a welcoming reception area, multiple private offices, two private restrooms, and a functional warehouse/work area serviced by a 10-foot rear drive-in overhead door for convenient loading, deliveries, equipment, and inventory access. Constructed in 1999 and meticulously maintained, the property includes 200-amp electrical service, central HVAC, forced-air heat, 8' to 12' ceiling heights, and a highly efficient layout that maximizes usable square footage. A key advantage of this property is its adaptability. The existing office configuration is separated by non-load-bearing partition walls, allowing the layout to be easily reconfigured to expand the warehouse, create an open contractor shop, add storage, or customize the space for your specific business operations. Whether you're seeking a professional office environment, a contractor headquarters with shop space, or a combination of both, this property offers exceptional flexibility without the cost of major structural modifications. Located within a Light Industrial (LI) zoning district, the property is ideally suited for contractors, HVAC companies, electricians, plumbers, landscapers, restoration companies, cabinet and millwork shops, sign companies, e-commerce businesses, light manufacturing, distribution, service companies, professional offices, and many other commercial users. Whether you're looking to eliminate lease payments, establish a permanent headquarters, expand your operations, or invest in a versatile commercial asset, this property offers an outstanding combination of location, functionality, adaptability, and long-term value. With immediate occupancy available, it's a rare opportunity to own a flexible industrial condominium that can grow alongside your business.
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FeaturesGeneralCooling Central Air
Zoning INDUS
Year Built 1999
Electric Circuit Breakers
Tenant Pays Electricity Heat Repairs Sewer Varies by Tenant All Utilities
Stories Count 1
Township Wauconda
Unit Number 111
Tax Year 2025
Current Use Office
Gross Income 21600
County Lake
Net Operating Income 11707
Operating Expense 7733
Property Type Commercial Sale Industrial
Possible Use Industrial Office
Status Active
Directions Head E on Route 120 from Route 12 Turn right on N Ellis Dr Turn right on 1st entrance to complex turn right and go around building to arrive to unit front door.
City Volo
Number Of Units Total 1
MLS Area Volo
Lot Size Square Feet 0
Tax Annual Amount 5151
Additional Parcels Y/N N
Leasable Area 1776
Lease Type Modified Gross
Standard Status Active
Total Actual Rent 1800
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ExteriorBuilding Area Total 1776
Lot Dimensions 24 X 74
Lot Size Acres 0
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* Excluded FeaturesList Bysaravchomes@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,294
- Monthly Property Taxes
- $429
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Volo, IL
Average List Price $204,900
Percent of Sale Price 0%
About Volo, IL 4,003 Population
249% Since 2002
$ 88,826 Median Income
36.92 Median Age
48% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/8/2026 | $204,900 | -6.86% | Price Down |
| 6/27/2026 | $220,000 | | Listed Price |