27 Harris Ave 3,120 SF 100% Leased Retail Building Millbrook, IL 60536 $155,000 ($49.68/SF) 7.83% Cap Rate



EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$21,144
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$6.78
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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 |
$21,144
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$6.78
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Taxes |
$3,096
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$0.99
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Operating Expenses |
$5,904
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$1.89
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Total Expenses |
$9,000
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$2.88
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Net Operating Income |
$12,144
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$3.89
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PROPERTY FACTS Under Contract
AMENITIES
- 24 Hour Access
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Transportation and Warehousing
- -
- -
- -
The United States Postal Service has a storied history as the institution of their Government guaranteeing safe and secure communication among and between the Government and the American people. Many are familiar with their history, which began with the Second Continental Congress and Benjamin Franklin in 1775 and continued in 1787 when the Postal Clause of the U.S. Constitution empowered Congress to establish post offices and post roads. Congress exercised those powers with the passage of The Post Office Act of 1792, which made the Postal Service a permanent fixture of the Federal Government. The Act included provisions to facilitate freedom of the press, the privacy of personal correspondence, and expand the nation’s physical infrastructure, all vital to their nation’s growth and prosperity.
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Transportation and Warehousing | - | - | - |
PROPERTY TAXES
Parcel Number | 04-16-176-010 | Total Assessment | $42,368 |
Land Assessment | $8,600 | Annual Taxes | $3,096 ($0.99/SF) |
Improvements Assessment | $33,768 | Tax Year | 2023 |