1655 N Wood St
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1655 N Wood St
16,000 SF Industrial Building Round Lake Beach, IL 60073 £958,385 (£60/SF)
Investment Highlights
- 16000 Sq ft plus 5500 mezzanine. (1st level has 13,216 Warehouse space plus 2,784 Office Space. Mezzanine Space is an additional 5500).
Executive Summary
An opportunity exists to add 3+ acres that is contiguous to this property for trailer parking. There is a lease option currently in effect for the installation of a cell tower on the property. The option is in effect until it either: (1) expires on July 28, 2026 or (2) is exercised by Crown Castle, the tower builder. The monthly rent would be $1,190 per month for 50 years with annual escalations. The tower lease will be made available for inspection.
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£19,918
|
£1.24
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£19,918
|
£1.24
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | £19,918 |
| Annual Per SF | £1.24 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £19,918 |
| Annual Per SF | £1.24 |
Property Facts
| Price | £958,385 | Rentable Building Area | 16,000 SF |
| Price Per SF | £60 | Number of Floors | 1 |
| Sale Type | Owner User | Year Built | 1976 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.19/1,000 SF |
| Building Class | C | Clear Ceiling Height | 20 ft |
| Lot Size | 1.00 AC | Level Access Doors | 1 |
| Price | £958,385 |
| Price Per SF | £60 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.00 AC |
| Rentable Building Area | 16,000 SF |
| Number of Floors | 1 |
| Year Built | 1976 |
| Tenancy | Single |
| Parking Ratio | 2.19/1,000 SF |
| Clear Ceiling Height | 20 ft |
| Level Access Doors | 1 |
Amenities
- Mezzanine
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PROPERTY TAXES
| Parcel Number | 06-15-100-018 | Total Assessment | £186,552 |
| Land Assessment | £73,215 | Annual Taxes | £19,918 (£1.24/sf) |
| Improvements Assessment | £113,338 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
06-15-100-018
Land Assessment
£73,215
Improvements Assessment
£113,338
Total Assessment
£186,552
Annual Taxes
£19,918 (£1.24/sf)
Tax Year
2023
zoning
| Zoning Code | I-1, Rnd Lake Beach |
| I-1, Rnd Lake Beach |
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1655 N Wood St
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