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$ 435,000
Est. payment | /mo
4,000 SqFt
$ 435,000
Est. payment | /mo
4,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $108
MLS Listing ID 12161544
Year Built 1959
Annual Tax Amount $7,607
Tax Year 2023
Lot Dimensions 278 X 200 X 188 X150
Property Sub-Type Retail/Stores
Property Description
AUTOMOTIVE USER/INVESTOR BUILDING 4,000 SF BUILDING 2,800 SF AVAILABLE w/ Long Term Tenant in Adjacent 1,200 SF 2,800 SF space available, with income from long term tenant in adjacent 1,200 SF section of this 4,000 SF 2-unit masonry automotive building for sale on .9 acre on US Hwy 12. Current tenant (Pete's Paint Works) in 2,800 SF does auto body work, has a lease but wants to retire. Other tenant, (Medina Cars) sells used cars and has a lease through 2026 with option to renew thru 2029, that he expects to exercise. Original building built in 1959 with additions, newer membrane roof, 6 overhead doors and new parking lot in 2023. Ideal user/investor property where you can occupy 2,800 SF and rent out the 1,200 SF. Ask broker for rent roll and operating statement. Owner is a licensed Illinois Broker.
Location
State IL
County Mchenry
Area Richmond
Zoning COMMR
Interior
Cooling Office Only, Partial
Flooring Concrete
Fireplace N
Exterior
Utilities Available Natural Gas Available, Sewer Connected, Water Available
Roof Type Membrane
Building
Dwelling Type Retail/Stores
Sewer Holding Tank
Water Municipal Water
Level or Stories 1
Structure Type Brick,Block
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Listed by Bruce Kaplan • Premier Commercial Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "