200-242 Mitchell Dr | Plano, IL 60545
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- LoopNet Team
200-242 Mitchell Dr
Plano, IL 60545
Lakewood Springs Commons · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 91% Occupied, 26,300 Square Foot Daily Needs Retail Center with a Strong Neighborhood Draw
- Significantly Below Replacement Cost: Extremely low rents keep competition from developing new retail on surrounding land
- Affluent Demographics: Average household incomes within a 5-mile radius of subject property are in excess of $118,000
- Nearly half of the NOI is from the Illinois Secretary of State and Grace’s Place
- Signalized Intersection Location: The subject property benefits from multiple access points and a signalized intersection from US Route 34, which co
- Chicago is the 3rd Largest MSA in the United States: Subject property is located within an hour’s drive to downtown Chicago
PROPERTY FACTS
Property Type
Retail
Building Size
26,400 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
5.44 AC
Zoning
B4 - large-scale commercial developments
Parking
200 Spaces (7.6 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signalized Intersection
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $305,121 | |
| Land Assessment | $144,617 | Total Assessment | $449,738 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$144,617
Improvements Assessment
$305,121
Total Assessment
$449,738
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