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- LoopNet Team
531-547 S 8th St
West Dundee, IL 60118
531-547 S. 8th Street · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
ABOUT 531-547 S 8TH ST , WEST DUNDEE, IL 60118
Colliers International is pleased to present for sale 13,872 square foot strip center located at 531 – 547 S. 8th Street in West Dundee, IL. This strip center offering is located on a main arterial retail corridor of West Dundee. This offering is an opportunity to purchase a long stable asset with modest market rents and a value add component through the lease up of the final vacant space. The two main tenants just signed long-term extensions showing their commitment to the site. This investment opportunity gives a new owner stability and the ability to add value through lease up and re-leasing. 531 – 547 S. 8th Street is being offered at an 9.00% capitalization rate corresponding to a $1,712,079 purchase price which is $123.42/SF.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $464,912 | |
| Land Assessment | $164,396 | Total Assessment | $629,308 |
PROPERTY TAXES
