7705 Industrial Drive Spring Grove, IL, 60081
$ 1,190,000Bedrooms Baths0.0 Sq 29,355
for $1,190,000. This 29,355 square foot building was built on a lot size of 326X271X326X273.
Investment Opportunity! Spring Grove Industrial Property with 7 tenants, mostly assembly, distribution and service businesses. Building constructed by Owner in 2000. Ownership occupies 6, 300SF of upscale office (3, 600sf) & warehouse (2, 700sf- two separate spaces, 2, 000sf & 700sf) in this 29, 355SF building, sitting on 2.03 acre site. Business owners, take note: Net operating income will pay for expenses while reaping equitable gains for your investment portfolio. Or investors: Lease remaining space for a sustainable armchair investment opportunity. Ownership is retiring and willing to move to make as little as 2, 000sf of professional office space available, to 3, 600sf of executive offices or combined for a total of 5, 600sf. If you are interested in purchasing an office with or without warehouse and becoming an investor, this is your opportunity to achieve your goals!
Appliances Fire Alarm Fire Extinquisher
Cooling System Central Air Office Area Only
Flooring Carpet(s) Concrete Floors Sealed Tile Flooring Varies by Unit Vinyl Flooring
Heating System Forced Air Gas
Water Source Private Well
Building Type Multi-Family
Construction Brick Concrete Steel Frame
Exterior Security Lighting
Lot Description Divisible
Parking 61-80 Parking Spaces
Roof Flat Roof Metal Decking
Siding Brick Glass Steel
Accessibility Handicap Access Handicap Bath Features
Commercial Dock Leveler(s) Load Stress Floor Overhead Door(s) Private Restroom
Documents Aerial Photo Backup Package Demograph Floor Plan Tax Return
Location Industrial Park Office Park
Rental* Excluded Features
Tenant Pays Air Conditioning Common Area Maintenance Electric Heating Insurance Janitorial Other Expenses Real Property Taxes Water/Sewer
List By Ilrealty, Inc. Kurchina & Assoc.
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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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Commerical listings in Spring Grove, IL
Average List Price $569,791
Percent of Sale Price 52 %
About Spring Grove, IL
34 % Since 2002
$ 90,809 Median Income
43.36 Median Age
40 % Households with Children
|7/16/2018||$1,190,000|| -20.61 %|| Price Down|
|2/26/2018||$1,499,000|| ||Listed Price|