Historical Industrial Sale Listing - 28147 W. Commercial Ave.

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28147 W. Commercial Ave.

28147 W. Commercial Ave., Lake Barrington, IL 60010

N/A

25,000 SF | Industrial

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28147 W. Commercial Ave.

Industrial Property - Off Market

Price:
N/A
Building Size:
25,000 SF
Property Type:
Industrial
Property Sub-type:
Industrial-Business Park
Additional Sub-types:
Flex Space
Office Showroom
Property Use Type:
Investment
Cap Rate:
8.12%
Occupancy:
83%
No. Stories:
1
Tenancy:
Multiple
Year Built:
1987
Lot Size:
1.83 AC
Listing ID
14656320
Last Updated
over 1 year ago

Utilities

  • Fenced Yard

Highlights

  • Newly refurbished
  • Low Lake County taxes
  • Ideal location

Description

Newly refurbished building in Lake Barrington; units include some front office space and large warehouse with 12' drive in door. Easy access to Routes 14 and 22. Gross lease rate reflects low Lake County taxes! 3000sf vacancy will be master-leased if not leased by closing.

Barrington is a charming community with a distinctive historic character that values quality development and a high quality of life. As evidenced by it highly educated residents (61% college graduates), its above average median income ($102,120) and its excellent location, Barrington is a great place to do business. Each day, over 1,800 commuters come to Barrington to ride the Metra commuter train to Chicago. Equally important is the fact that over 40,000 cars pass through the community on a daily basis.

Map of 28147 W. Commercial Ave., Lake Barrington, IL 60010 (Lake County)

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