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29617916
29617924

10709 N Main St, Richmond, IL 60071

KC
475180843
$1,000,000
118 days on market
Updated 118 days ago

10709 N Main St

Details
APN 04-09-180-006
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 11,806
Net Rentable (SqFt) 11,806
Units 4
Cap Rate 0.83%
NOI $8,350
Occupancy 25%
Price per SqFt $85
Year Built 1992
Stories 1
Lot Size (SqFt) 26,136
Zoning GB
Occupancy Date 03/01/2026

Industrial | 0.83% CAP | 11,806 SqFt

Marketing description

Located on Main Street in Richmond, IL, this highly visible storefront sits along the primary route traveled by nearly all visitors heading to Lake Geneva, offering exceptional exposure and daily traffic. The property features a successful storefront business currently under a signed five-year lease that ends in October of 2030, providing immediate income stability. The building offers a versatile layout including a prominent storefront, a large on-site parking lot, and an expansive open garage space with high ceilings, ideal for a variety of commercial or service uses. Additional spaces include a middle office, a back-office area, and a private upstairs office, allowing for flexible operations or multi-use functionality. The property is equipped with four handicapped-accessible bathrooms, enhancing usability for both employees and customers. The current owners utilize the back office to operate the adjacent ABC Storage business. Important Note: This building is being sold only in conjunction with the adjacent ABC Storage property and is not available as a standalone sale, presenting a unique opportunity to acquire an additional income-producing commercial package in a high-traffic corridor.

Investment highlights

  • Highly visible storefront

  • Exceptional exposure and daily traffic

  • Increased income potential

Listing Contacts

KC
475180843

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$8,350.00
$695.83/mo

Valuation Metrics

0
DSCR
0.84%
Cap Rate
0.84%
ROI

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