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49 Sherwood Drive

Lake Bluff, IL 60044
  • $2,995,000
  • STATUS: Active
  • ON SITE: 612 Days
  • MLS #: 11492918
$2,995,000
  • 0
    BEDS
  • 2.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Description

Evergreen, located at 49-51 Sherwood Terrace, offers investors an excellent opportunity to own an historically high-occupancy, multi-tenant suburban office park in Lake Bluff, IL. Consisting of two, single-story buildings, on 2.83 acres, Evergreen includes 31,783 net leasable square feet across 32 office suites. Individual unit sizes range from 400 to over 3,000 SF and are fully sprinklered. The property is currently 92.56% leased. This building can be purchased as part of a 3-building portfolio. The other properties are: 2504 Washington St., Waukegan & 325 Washington St., Waukegan.

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© 2024 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 Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-04-19T21:09:10.56 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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49 Sherwood Drive Lake Bluff, IL 60044

  • Price: $2,995,000
  • Status: Active
  • On Site: 612 Days
  • MLS #: 11492918
0
Beds
0
Baths
0
½ Baths
2.83
Acres
1960
Built
Neighborhood:
Lake Bluff
County:
Lake
Area:
Lake Bluff
Property Description
Evergreen, located at 49-51 Sherwood Terrace, offers investors an excellent opportunity to own an historically high-occupancy, multi-tenant suburban office park in Lake Bluff, IL. Consisting of two, single-story buildings, on 2.83 acres, Evergreen includes 31,783 net leasable square feet across 32 office suites. Individual unit sizes range from 400 to over 3,000 SF and are fully sprinklered. The property is currently 92.56% leased. This building can be purchased as part of a 3-building portfolio. The other properties are: 2504 Washington St., Waukegan & 325 Washington St., Waukegan.
Exterior Features

Exterior Building Type Brick Outdoor Parking 51-100 Spaces

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 31783 Built Before1978 YN Yes Electric Service - 101 to 200 Amps Fire Protection Sprinklers-Wet Geographic Locale North Suburban Gross Income 372788 Gross Scheduled Income 372788 Leasable Area 3916 Mls Actual Status Active Net Operating Income 247153 Number Of Tenants 32 Operating Expense 125634 Property Offered For Sale Only Property Sub Type Office Tax Annual Amount 44823 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeat Type Office/Tech Zoning OFFIC

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Kinzie Brokerage LLC: 847-383-6778.


© 2024 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 Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-04-19T21:09:10.56 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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