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- LoopNet Team
260 Industrial Dr
Wauconda, IL 60084
Property For Lease
PROPERTY OVERVIEW
With approximately 3,000 SF of office space, 6 Bridge Cranes and 3 Jib Cranes, 3 docks and 1 drive-in door, 19’2” clear heights and heavy electrical power, the Property is well-suited for a single tenant or multiple. Built in 1993 and renovated in 2018 with the addition of a newly developed ground-up 12,000 SF add-on, the property is fully vacant. The South Lake County industrial submarket benefits from low taxes and an ideal location, just 30 minutes north of the city of Chicago and O'Hare, placing it as an ideal transportation and logistics hub. 2021 has started off trending upward with positive net absorption of over 604,000 SF in industrial tenants YTD; 391,000 SF of which came just from the first month of 2Q2021. South Lake County Industrial Submarket rental rates have increased steadily over the last 5 years and is currently commanding rents almost a $1.00 PSF higher than the broader Chicago Industrial Market.
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 32,000 SF |
| Property Subtype | Manufacturing | Year Built/Renovated | 1993/2018 |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Rentable Building Area | 32,000 SF |
| Year Built/Renovated | 1993/2018 |
