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44W431 Route 64

2,000 SF Light Industrial Building Maple Park, IL 60151 £387,313 (£194/SF)

Investment Highlights

  • Completely remodeled in 2017
  • Up and coming area with new commercial, retail, and residential development.
  • Great exposure on Route 64 and 47.
  • Fully occupied, current tenant has a 3-year lease.

Executive Summary

Amazing investment opportunity to own a fully occupied mixed-use commercial site with a 3-year lease term. This property is located at a premium corner location and situated in an up and coming development area with nearby commercial, retail, and residential development. 2,000 SF building on 0.48 acres with 300' of frontage on Rte. 64 and a large lot for parking vehicles or equipment. The building features 14x12 overhead electric door with entry bollards, service shop with office downstairs, plus additional office and work area upstairs. Completely remodeled in 2017 from the studs out, plus exterior as well. It is very efficient with low utility bills. All new plumbing and electric. Shop heated with ceiling mount 80,000 BTU heater. Tankless water heater. Air lines. Separate office restroom and shop restroom, plus shop utility sink. Comes with refrigerator and microwave. Great exposure on Route 64 & 47. Background & Credit Check required.

Property Facts

Price £387,313
Price Per SF £194
Sale Type Investment
Property Type Light Industrial
Property Subtype Light Manufacturing
Building Class C
Lot Size 0.48 AC
Rentable Building Area 2,000 SF
Number of Floors 2
Year Built 1932
Tenancy Single
Clear Ceiling Height 16 ft
Level Access Doors 1

Amenities

  • 24 Hour Access
  • Yard
  • Storage Space

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - Well
  • Sewer - Septic Field
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-18-454-011
Land Assessment
£9,846
Improvements Assessment
£44,779
Total Assessment
£54,625

zoning

Zoning Code B1
B1
  • Listing ID: 31866490

  • Date on Market: 20/05/2024

  • Last Updated:

  • Address: 44W431 Route 64, Maple Park, IL 60151

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