Listed by Berkshire Hathaway HomeServices Starck Real Estate Woodstock
$450,000
900 S Eastwood Drive
Details
APN 1309151022
Property Type Industrial
Sub Type Warehouse, Industrial
Square Footage 6,826
Units 1
NOI $19,057
Year Built 1962
Lot Size (SqFt) 19,872
Zoning COMMR
Industrial | 6,826 SqFt
Marketing description
Looking for a great business opportunity ? Then this property is the space to buy . This 6,826 SF masonry building is located right in the path of the the widening of IL Rt 47 ( Eastwood Dr. ) into a full four lane commercial roadway . Currently , there is a long term tenant who pays the insurance and all the utilities with a lease that expires 12/31/2025. That puts the new owner in a great position to ride that expansion of the new RT 47 and to buy ahead of the market . The property is being sold in " AS IS " condition. NOTE: With the widening of the Rt 47 corridor, the Illinois Department Of Transportation (IDOT) has acquired 0.001 acres of land as a temporary construction easement for five (5) years. NOTE: THE SHOP HOIST AND ALL THE EQUIPMENT INCLUDING THE AIR COMPRESSOR AND ARE NOT PART OF THE SALE.
Listing Contacts
Listed by Berkshire Hathaway HomeServices Starck Real Estate Woodstock
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$19,057.00
$1,588.08/mo
Valuation Metrics
0
DSCR
4.23%
Cap Rate
4.23%
ROI
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