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9001 Us Route 12

Richmond, IL 60071
  • $495,000
  • STATUS: Active
  • ON SITE: 597 Days
  • MLS #: 11616390
$495,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:
Area:

School Ratings & Info

Description

FULLY LEASED INVESTMENT OR USER/INVESTOR OPPORTUNITY 2-UNIT AUTO CENTER 100% leased 2-unit automotive building with long leases thru 2029". Pete's Paint Works & Medina Cars are both long term tenants (since 1986 and 2016). All masonry building on US Highway 12. Pete's Paint address is 9001 and Medina Cars is 9003. (*) Medina expires 2026 with an option to renew thru 2029. Original building built in 1959 with additions. New Membrane roof and overhead doors. USER/INVESTOR POTENTIAL-Auto body tenant will move out for a buyer who needs his 2800 sf space. 8.7% CAP rate. Ask broker for rent roll and operating statement. Owner is a licensed Illinois Broker.

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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 2024-04-03T23:58:22.283 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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9001 Us Route 12 Richmond, IL 60071

  • Price: $495,000
  • Status: Active
  • On Site: 597 Days
  • MLS #: 11616390
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1959
Built
Neighborhood:
Richmond
County:
McHenry
Area:
Richmond
Property Description
FULLY LEASED INVESTMENT OR USER/INVESTOR OPPORTUNITY 2-UNIT AUTO CENTER 100% leased 2-unit automotive building with long leases thru 2029". Pete's Paint Works & Medina Cars are both long term tenants (since 1986 and 2016). All masonry building on US Highway 12. Pete's Paint address is 9001 and Medina Cars is 9003. (*) Medina expires 2026 with an option to renew thru 2029. Original building built in 1959 with additions. New Membrane roof and overhead doors. USER/INVESTOR POTENTIAL-Auto body tenant will move out for a buyer who needs his 2800 sf space. 8.7% CAP rate. Ask broker for rent roll and operating statement. Owner is a licensed Illinois Broker.
Exterior Features

Exterior Building Type BrickBlock Foundation Details Concrete Perimeter Frontage Type Us Highway Outdoor Parking 31-50 SpacesLightedOpenPrivate LotParking On-Site Parking Total 50 Roof Membrane Roof Structure Flat

Interior Features

Cooling Office OnlyPartial Flooring Concrete Heat Ventilation Ceiling UnitsForced AirGas Miscellaneous Inside Overhead Door/SPrivate Restroom/SStorage Inside Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 4000 Current Use Special Use Electric Circuit BreakersSeparate MetersService - 101 To 200 Amps Fire Protection Ansul SystemFire Extinguisher/S Gross Income 53460 Gross Scheduled Income 53460 Insurance Expense 1344 Leasable Area 0 Location Mixed Use Area Mls Actual Status Active Net Operating Income 43048 Number Of Tenants 2 Property Offered For Sale Only Property Sub Type Automotive Tax Annual Amount 7292 Tax Year 2022 Tenant Pays TaxesInsuranceRepairsRoof Total Monthly Income 4455 Township Richmond Type Retail/Stores Utilities Electric To SiteGas To SiteHolding Tank/SSanitary SewerWater-MunicipalWater To Site Zoning Commr

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Premier Commercial Realty: 847-854-2300.


© 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 2024-04-03T23:58:22.283 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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