THIS PROPERTY IS OFFERED UNDER A TRIPLE NET LEASE, FULLY GUARANTEED BY A LARGE CORPORATE TENANT, PROVIDING STRONG AND RELIABLE INCOME. THE TENANT IS RESPONSIBLE FOR ALL UTILITIES, PROPERTY TAXES, REPAIRS, AND MAINTENANCE, MAKING THIS A TRULY PASSIVE, ARMCHAIR INVESTMENT. AN EXCELLENT OPPORTUNITY FOR INVESTORS SEEKING STABLE RETURNS, AND IDEAL FOR A 1031 EXCHANGE. 8% Cap Rate Return on Investment! The building offers an expansive open garage space with five 12-foot overhead drive-in doors - three positioned at the front and two at the rear - allowing for seamless access, efficient workflow, and excellent loading flexibility. The impressive 18-foot ceiling height provides ample vertical clearance for equipment, storage, or specialized operations. The first floor includes a welcoming reception area, restroom, storage room, and dedicated laundry space, offering practical functionality for a variety of business needs. The second floor provides additional office and storage space, ideal for administrative operations or expanded use. This property combines strong income stability with versatile industrial features, making it an outstanding addition to any investment portfolio.
| MLS # | 12575362 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 198 |
| Listing Provided By | Avenue 1 Realty Group | Ronald Ohr |
| SQ Feet | 2,640 |
|---|---|
| Story(s) | 2 |
| Units | 1 |
| Zoning | COMMR |
| Acreage | 0.60 |
| Cooling | Central Air |
|---|
| Construction Materials | Brick, Block |
|---|
| Electric | Service - 201 to 600 Amps |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 10121 |
| State | IL |
|---|---|
| County | DuPage |
| City | Carol Stream |
| Zip Code | 60188 |
| Area | Carol Stream |
| Listing VS Median (in 60188) | |
Price: $999,000 low | high Med: $364,500 sqft: 2,640 low | high Med: 1,267 $ / sqft: $378 low | high Med: $291 On site: 198 low | high Med: 42 | |
| State | IL |
|---|---|
| County | DuPage |
| City | Carol Stream |
| Zip Code | 60188 |
| Area | Carol Stream |
| Listing VS Median (in 60188) | |
Price: $999,000 low | high Med: $364,500 sqft: 2,640 low | high Med: 1,267 $ / sqft: $378 low | high Med: $291 On site: 198 low | high Med: 42 | |