Remarks

Ideal commercial investment or lease opportunity with high visibility. Traffic counts between 9,600 and 11,000 per day (IDOT) Modern elevator building with ample parking. LOI on file for unit B making this property fully rented with the exception of the basement which has the potential to bring additional income and already has a finished lobby, common bathrooms, and high ceilings make this space an easy build out. Well established tenants are made up of a nationally known company and there is even a federally back leased. No worries here with fly by night tenants. With a cap rate of 8.52%, this money making property would make a great start or addition to your income property portfolio. Income based on current owner doing a lease back on unit B.

Details

MLS#: 11951748
Price: $1,119,000

Style: Neighborhood Storefront,Other,Shopping Center,Strip Center
Sq Ft: 13159
Year Built: 2006

County: DeKalb
Lot Size: 217 X 115
Tax Fee: 26629