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    1489 Walnut Street

    Watseka, IL 60970
    • $1,600,000
    • STATUS: Active
    • ON SITE: 38 days
    • MLS #: 10818138
    UPDATED: 85 min ago
    $1,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 44,850
      SQFT
    • $36
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2006
    County:
    Area:

    School Ratings & Info

    Description

    WATSEKA - INVESTMENT PROPERTY - 45,000 square foot industrial building sitting on 15 acres for sale. Currently leased NNN being offered at an 8.5 cap. Grade "A" publicly traded tenant has been in place for over 7 years, solid investment property! Building is in great condition, multiple drive-in doors, dock, and 7 cranes (2 - 5 ton and 5 - 1,000 lb.) Call today!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-21T23:50:16.317 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1489 Walnut Street Watseka, IL 60970

    • Price: $1,600,000
    • Status: Active
    • Updated: 85 min ago
    • MLS #: 10818138
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    44,850
    SQFT
    $36
    $/SQFT
    2006
    Built
    Neighborhood:
    Watseka
    County:
    Iroquois
    Area:
    Watseka
    Property Description
    WATSEKA - INVESTMENT PROPERTY - 45,000 square foot industrial building sitting on 15 acres for sale. Currently leased NNN being offered at an 8.5 cap. Grade "A" publicly traded tenant has been in place for over 7 years, solid investment property! Building is in great condition, multiple drive-in doors, dock, and 7 cranes (2 - 5 ton and 5 - 1,000 lb.) Call today!
    Exterior Features

    Construction Steel Docks Exterior Foundation Concrete Frontage Access Public RoadState Road Location Industrial Area/Campus Lot Dimensions 562 X 1320 X 454 X 1317 Lot Sq Ft 653400 Number Of TLDocks 1 Roof Coverings Metal

    Interior Features

    Air Conditioning Central AirPartial Ceiling Height Ft 22 Fire Protection None Floor Finish Concrete Indoor Parking Over 100 Spaces Miscellaneous Inside CranesOverhead Door/SPrivate Restroom/SStorage Inside Number Of Drive In Doors 16 Number Of Stories 1 Outdoor Parking Over 100 SpacesFencedLightedPrivate Lot

    Property Features

    Electric Expense Source Actual Electrical Service Circuit BreakersOver 600 Amps3 Phase Electricity Expense 0 Expense Year 2019 Exterior Building Type Steel Siding Extra Storage Spaces Available YN Yes Financial Amounts For Total Building Rental Onl Yes Fuel Expense 0 Fuel Expense Source Actual Gross Rentable Area 44850 Gross Rental Income Amount 135141 Heat Ventilation ElectricForced AirHot Water Insurance Expense 0 Insurance Expense Source Actual Investment YN Yes Known Encumbrances None Known Lease Type Net Max Avail Sq Ft Rentable 44850 Min Avail Sq Ft Rentable 44850 Net Oper Income Amount 135141 Net Operating Income Year 2019 Net Rentable Area 44850 Number Of Tenants 1 Other Expense Source Actual Other Expenses 0 Possession Closing Property Offered For Sale Only Tax Year 2019 Taxes 20141.4 Tenant Pays Air ConditioningElectricHeatReal Property TaxesInsuranceRepairs And MaintenanceRoofStructure Total Annual Expense Source Actual Total Annual Income 135141 Total Monthly Income 11262 Township Middleport Unincorporated YN Yes Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater To Site Water Drainage Drainage Ways Water Expense 0 Water Expense Source Actual Zoning Type Indus

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Mccolly Bennett Real Estate.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-21T23:50:16.317 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Orland Park IL, 60467