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11658863
11658862

729 Lunt Ave, Schaumburg, IL 60193

JS
IL 471.010646
Gold Lion Realty
Listed by Gold Lion Realty
$3,499,000
1081 days on market
Updated 144 days ago

729 Lunt Avenue

Details
APN 07-33-202-083-0000, 07-33-202-068-0000
Property Type Industrial
Sub Type Manufacturing
Square Footage 38,000
Tenancy Vacant
Price per SqFt $100
Stories 2
Acreage 2.750
Zoning Industrial M-1
Ceiling Height 22’ and 24’
Loading Docks 2
Dock High Doors 1

Industrial | 38,000 SF

Marketing description

The subject property consists of approximately 119,740 +/- square feet or 2.75 acres +/- of improved land with a two-story industrial building. The northwest section at the front of the building enjoys a second floor of finished commercial offices approximately 6,000 +/- square feet, with similar commercial office space on the first floor 1,000 +/- square feet. Currently the building is ” a single user, with a building area of 38,000 +/- square feet consisting of roughly 31,000 +/- square feet warehouse space that has 17’.6” to 21’.7” +/- clear ceiling height.

The building enjoys overhead cranes, big power and is sprinklered throughout. The property includes 5 exterior overhead doors: drive-in (two) - 12’ by 10’ wide and – (two) 14’ by 10’ wide loading suppressed dock doors and (one) - 14’ by 10’ wide drive-in door. The property is on a concrete slab with masonry block exterior walls with brick facade. The building is constructed of steel truss with a new roof several years ago with a 20-year warranty. The HVAC building has gas fired forced air and central air conditioning/heat for the office. AC is available in the warehouse but is not hooked-up. Six new furnaces were replaced in the last several years. Extensive air filtration system inside warehouse and building (available if desired).

The property has an asphalt paved parking lot with ample parking for roughly 100 cars +/- with excellent lighting. The property is conveniently located close to the highway system. Expansion opportunity of 10,000 square foot building on the north/east side of the building.

Investment highlights

  • Price: $ 3,781,000.00

  • Building Size: 38,000 sf

  • Price/SF: $99.50

  • Property Type: Industrial

  • Commission Split: 1.75%

  • Occupancy: Vacant at time of Sale

  • Lot Size: 2.75 AC

  • Tax: $ 136,391.64

  • Zoning Description: Industrial M-1

Listing Contacts

JS
IL 471.010646
Gold Lion Realty
Listed by Gold Lion Realty

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