12880 IL-47 | Huntley, IL 60142
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- LoopNet Team
12880 IL-47
Huntley, IL 60142
American Mattress · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Attractive Lease Terms; Leased to American Mattress on a brand new 10-year net-lease Providing minimal landlord responsibilities
- Hedge Against Inflation; Two rental escalations throughout initial term of lease; Provides an investor with a hedge against inflation
- Strong Market Growth; Huntley is one of the fastest growing communities throughout the Chicago MSA 10% increase in population since 2010
- Rapidly Developing Area; Thousands of homes/apartments under construction, or approved for development, within the immediate market
- Replaceable Rent; Low base rent compared to similar new construction product within the market
- Brand-New Construction; High-quality building with attractive design; completed in Q1 of 2024
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
8,300 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.69 AC
Zoning
Commercial
Frontage
411’ on Illinois 47
PROPERTY TAXES
| Parcel Number | 02-04-351-001 | Improvements Assessment | $0 |
| Land Assessment | $199,044 | Total Assessment | $199,044 |
PROPERTY TAXES
Parcel Number
02-04-351-001
Land Assessment
$199,044
Improvements Assessment
$0
Total Assessment
$199,044
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