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300 N CUMMINGS LN Washington IL 61571-2198

[Locked] • APN 02-02-16-400-024

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Details
Property Type Industrial
Sub Type Manufacturing, Warehouse
Building SqFt 50,840
Lot SqFt 433,855
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code I-1
Year Built 1996
Building Count 1
Opportunity Zone No
Lease Type ******
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******

Property History

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Property Type
Property Type
Industrial
Property Subtype
Manufacturing, Warehouse
Marketing Description

Building is 57,170 SF and sits on 9.67 acres.

Property was constructed in three distinct sections starting in 1992, with additions in 1997 and 2001 and a partial rebuild in 2018.

There is approximately 4,000 SF of office space up front, and 53,000 SF of warehouse in the rear.

The front office and middle warehouse area were completely rebuilt in 2018 including a new roof, electrical system, HVAC and every other major mechanical system.

Warehouse area offers six dock doors and one overhead drive in door.

Ceiling heights are up to 30 feet within the warehouse areas.

Sprinkler System set up throughout

3 phase 4000 Amp electrical service

Investment Highlights

Income Producing single tenant net leased industrial property for sale in Washington IL.

Property is leased to IVP Plastics (guarantor Microplastics, Inc.), a thermoplastics components and assembly operation that was founded in 1953.

Current lease goes thru 12/31/2031.

Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Ownership Rights Code
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Mortgage Recording Date
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Mortgage Maturity Date
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Mortgage Term
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Document Number
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Document Type
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Mortgage Interest Rate
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Mortgage Loan Type
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Mortgage Lender Name
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Loan Amount
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Mortgage Document Date
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Mortgage Document Number
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Resale Flag
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Sales Price Code
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Seller 1 Corp Indicator
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Transaction Type
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Seller 1 Name
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Sold By
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Sold To
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Loan History

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Financial History

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****** Data
Net Operating Income
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Reporting Date
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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
WH
Will Hayes PRO
•••.•••.0717
•••••ayes@••••••••••••.com
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