INDUSTRIAL CONDO IN FRANKFORT

Industrial for Sale
Catylist Listing ID: 30282556
Property Subtypes: Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 4,300 SF
Gross Building Area: See Agent
Sale Price: $359,900
Unit Price: $83.70 PSF
Ceiling: 20 ft.
Docks/Doors: 2 Doors
Office SF: 1,000 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Last Updated: 1/17/2019

Overview / Comments

FRONT UNIT IN A SOLID CONCRETE BLOCK BUILDING IN FRANKFORT. THE SPACE HAS 4,300 SF OF WHICH 1,000 SF IS OFFICE. THERE IS ALSO AN 1,000 SF MEZZANINE FOR STORAGE OR ADD MORE OFFICE. WAREHOUSE HAS TWO 150,000 BTU RADIANT HEATERS WITH 200 AMP 3 PHASE SERVICE. CEILING HEIGHTS ARE 20 FT. OFFICE HAS HEAT & A/C. HAS TWO 14X14 DRIVE IN DOORS WITH PLENTY OF PARKING. TENANT WILL STAY VACATE FOR NEW OWNER.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $7,300 (Annual)
Actual or Proforma Year Actual

Current Tenants

Tenant Business Name CONTACT AGENT
Is Renting? Yes
Annual Revenue $800,000,000 (Annual)
Suite Number B
SF of Space Occupied 4,300 SF
Current Rent $3,600 PSF (Annual)
Lease Expiration 9/0030
Escalations 3% IN JULY 2018

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Will
Tax ID/APN: 1909343290110000
Zoning: I-1
Property Located Between: LAGRANGE RD. (RT. 45) AND HARLEM AVE.
Highway Access: EASY ACCESS TO MAJOR HIGHWAYS
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2006
Construction/Siding: Block, Brick
Parking Type: Surface
Amps: 200
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central, Ceiling Units, Radiant
Air Conditioning: Engineered System
Zoning Description: ZONED I-1 ALLOWS FOR LIGHT INDUSTRIAL, DISTRIBUTION & WAREHOUSE, STORAGE, COMMERCIAL & BUSINESS.
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 735 27,259 78,631
Median Age: 45.69 40.95 39.39
Households: 266 9,023 26,318

Contact

© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northern Illinois Commercial Association of Realtors (NICAR) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.