Industrial•Warehouse•For Sale

Approx. 32,001 SF Multi-Tenant Industrial Warehouse Building

26735 Commerce Drive, Volo, IL 60073

Sale Price $1,199,000
Sale Type Investment
Bldg Type Multi-Tenant
Class B
Status Existing
Year Built 2001
Stories 1
Minimum Bid: $1,199,000 Buyer's Premium: 6% Cooperating Broker's Commission: 2% Lot: Approx. 2.1 Acres Building Size: Approx. 32,001 SF Built: 2001 Leased: 100% 2017 Taxes: $59,106.60 PIN #: 09-02-102-008 Zoning: LI; Light Industrial District NOI: Approx. $114,752 Cap Rate: 9.6% Exceptionally well maintained approximately 32,001 sf multi-unit industrial warehouse building is set on approximately 2.1 acres. The building has 5 large open floor plan warehouse units, each with 21' clear ceiling heights, All units have small front office spaces as well. Highlights: • 100% Leased through 2021 (All TI's paid by tenants) • Very stable tenant base (tenants pay utilities w/tax stops in place) • Each unit has individual drive in bay w/2 compressed air-powered loading docks • Newly painted building, sealed and striped parking lot, roof inspection • Clean Phase I and II Located in Volo, Illinois. Stand alone building located at intersection of West Commerce Drive and North Ellis Drive. It is South of Route 120, West of Route 60 and East of Route 12.
  • • Online Auction Bidding Starts at 11 AM CST Wednesday, November 20, 2019 and ends Friday, November 22, 2019, 11 AM CST
  • • Minimum Bid: $1,199,000.00 Plus 6% Buyer's Premium
  • • Cooperating Broker's Commission: 2%
  • • Pre-Auction Bids Highly Encouraged!

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Warehouse
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9/6/2019 12:00:00 AM 9/6/2019 6:35:16 PM

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