902-908 E Route 71
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902-908 E Route 71
9,600 SF Industrial Building Newark, IL 60541 £601,766 (£63/SF)
Investment Highlights
- 6,600 sf warehouse/shop...22' clear span...heavy power...
- Two (2) 16' DIDs...floor drain with triple catch basin...
- Located on heavily traveled Route 71 and close to I'39, I'80 and Routes 47, 34, 30 & 126...
- 3,000 sf professional office spaces w/kitchenette area...large conference room...
- Water,sewer, electricity to building....shop/warehouse radiant heat...
- Purchase or lease option options...MOTIVATED SELLER!!!!
Executive Summary
This is a well built steel pole building that is located on west side of Kendall County in the Village of Newark. Kendall County is one of the fastest growing and economically stable Counties in the State of Illinois. Building is 9,600 sf consisting of 6,600 sf shop/warehouse with 22' clear, floor drain w/ triple catch basin, 200 amp/3 phase service, two (2) 16' DIDs, well insulated, water, sewer, Comed electric and LP gas services on site. There is a 3,000 sf air conditioned office with professional offices, full kitchenette, large conference room, reception center with a load bearing mezzanine. Ample parking and short drive to I'39 & I'80 expressways and Routes 47, 34, 30 and 126....
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£12,207
|
£1.27
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£12,207
|
£1.27
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | £12,207 |
| Annual Per SF | £1.27 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £12,207 |
| Annual Per SF | £1.27 |
Property Facts
| Price | £601,766 | Rentable Building Area | 9,600 SF |
| Price Per SF | £63 | Number of Floors | 1 |
| Sale Type | Investment or Owner User | Year Built | 2008 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | Parking Ratio | 1.56/1,000 SF |
| Building Class | B | Clear Ceiling Height | 22 ft |
| Lot Size | 2.00 AC | Level Access Doors | 2 |
| Price | £601,766 |
| Price Per SF | £63 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 2.00 AC |
| Rentable Building Area | 9,600 SF |
| Number of Floors | 1 |
| Year Built | 2008 |
| Tenancy | Single |
| Parking Ratio | 1.56/1,000 SF |
| Clear Ceiling Height | 22 ft |
| Level Access Doors | 2 |
Amenities
- Floor Drains
- Mezzanine
- Storage Space
- Air Conditioning
Utilities
- Lighting - Halide
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 07-05-312-011 | Total Assessment | £162,239 |
| Land Assessment | £26,743 | Annual Taxes | £12,207 (£1.27/sf) |
| Improvements Assessment | £135,496 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
07-05-312-011
Land Assessment
£26,743
Improvements Assessment
£135,496
Total Assessment
£162,239
Annual Taxes
£12,207 (£1.27/sf)
Tax Year
2023 Payable 2024
zoning
| Zoning Code | B-1 (Commercial) |
| B-1 (Commercial) |
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Tri-County Property Management & Sales LLC
902-908 E Route 71
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