10 W Main St 7,900 SF 73% Leased Office Building Cary, IL 60013 $740,000 ($93.67/SF) 9.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Traffic Light Corner
- Visibility & Signage
- Good Tenant Mix
- Ample Parking
- Flexible Floor Plans
EXECUTIVE SUMMARY
The property is located within the planning area for the Village of Cary’s Downtown Cary Strategic Plan (adopted June 2021) and the newly created Central Cary Tax Increment Financing District – TIF #3 (adopted August 2023).
Link to Downtown Plan: Downtown Cary Strategic Plan
Link to TIF #3 Information: Village Website / Map of Approved TIF #3 Area
FINANCIAL SUMMARY (PRO FORMA - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$99,999
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$9.99
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Other Income |
-
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-
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Vacancy Loss |
-
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-
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Effective Gross Income |
$99,999
![]() |
$9.99
![]() |
Taxes |
$99,999
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$9.99
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Operating Expenses |
$99,999
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$9.99
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Total Expenses |
$99,999
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$9.99
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Net Operating Income |
$99,999
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$9.99
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PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
up to 2,100 square feet available - divisible. Small private offices available. Large open areas with windows. Common area restrooms. GROSS lease.
Space | Size | Space Use | Condition | Available |
2nd Floor | 2,100 SF | Office | Full Build-Out | Now |
2nd Floor
Size |
2,100 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
PROPERTY TAXES
Parcel Number | 19-13-229-027 | Total Assessment | $239,136 |
Land Assessment | $113,778 | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $125,358 | Tax Year | 2023 |