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1750 Cumberland Pky
Algonquin, IL 60102
Industrial Property For Sale
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Service | Year Built | 1973 |
| Building Class | B | Parking Ratio | 1.96/1,000 SF |
| Lot Size | 1.95 AC | Clear Ceiling Height | 15’ |
| Rentable Building Area | 17,335 SF | No. Drive In / Grade-Level Doors | 27 |
| Zoning | I1 - Industrial Manufacturing / Warehousing | ||
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 1.95 AC |
| Rentable Building Area | 17,335 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 1.96/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 27 |
| Zoning | I1 - Industrial Manufacturing / Warehousing |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
About 1750 CUMBERLAND PKY , ALGONQUIN, IL 60102
Fully leased 14 unit 17000 SF masonry industrial building built in 2 stages (1973 and 1994). (6) 1,000 SF units with 14’ ceilings and (8) 1,400 SF units with 15’ ceilings. Each with bathroom and separate gas and electric meters. Units 7-14 have separate water meters. Landlord pays water/sewer for units 1-6. Numerous recent upgrades included. New rubber membrane roof with 15 year warranty (2013), new parking lot (2018), exterior stain (2018) Tuckpoint touchup (2016), new fire alarm panel (2019), new backflow preventer (2019), 7.4% current CAP Rate with much upside (leases are below market and all month to month). Current waiting list. Units have (27) 10x12 DIDs so you can drive thru all units except one. Individual GFA ceiling units, a few have central air. Some have small offices. Additional adjacent land available separately for expansion (2.23 acres for only $126,000/ $1.30 psf)). See attached APOD and rent roll. Visit Premier Commercial Realty website to see more listings.
Property Taxes
| Parcel Number | 19-35-327-007 | Improvements Assessment | $0 |
| Land Assessment | $67,260 | Total Assessment | $67,260 |
Property Taxes
