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633 Enterprise Ave 20,000 SF Vacant Industrial Building Dekalb, IL 60115 $1,395,000 ($69.75/SF)
INVESTMENT HIGHLIGHTS
- Total of 20,000 SF across 5 flex and industrial units with 18' to 20' clear height
- Currently 25% occupied with strong value add upside through lease up
- Situated on 1.63 acres within the DeKalb Enterprise Center
- 4 drive in doors plus a shared exterior loading dock
- Metal construction with corrugated steel roof and full fire sprinkler system
- Immediate access to I 88 and the surrounding industrial corridor
EXECUTIVE SUMMARY
633 Enterprise Ave is a 20,000 SF multi-tenant industrial/flex building in DeKalb’s growing Enterprise Center. Built in 1999, the property sits on 1.63 acres and features five units, four drive-in doors, a shared exterior dock, and 18’–20’ clear heights. With heavy industrial zoning, 200–400 amp 3-phase power, and a full sprinkler system, the building is ready for a wide range of industrial, warehouse, or service-oriented users.
Currently 25% occupied, this property presents a strong value-add opportunity for investors or owner-users looking to lease-up or expand. Offered at $1,395,000 or $7.50/SF base plus $1.98/SF EST CAM, 633 Enterprise Ave offers strong functionality in a growing market area minutes from I-88 and major regional employers.
Currently 25% occupied, this property presents a strong value-add opportunity for investors or owner-users looking to lease-up or expand. Offered at $1,395,000 or $7.50/SF base plus $1.98/SF EST CAM, 633 Enterprise Ave offers strong functionality in a growing market area minutes from I-88 and major regional employers.
FINANCIAL SUMMARY (PRO FORMA - 2026) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$160,212
|
$8.01
|
FINANCIAL SUMMARY (PRO FORMA - 2026)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $160,212 |
| Annual Per SF | $8.01 |
PROPERTY FACTS
| Price | $1,395,000 | No. Stories | 1 |
| Price Per SF | $69.75 | Year Built | 1998 |
| Sale Type | Investment or Owner User | Parking Ratio | 1/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Rentable Building Area | 20,000 SF | ||
| Zoning | IND/COMM | ||
| Price | $1,395,000 |
| Price Per SF | $69.75 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Rentable Building Area | 20,000 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 1/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | IND/COMM |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 5,000-15,000 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,000-15,000 SF | Industrial | - | Now |
1st Floor
| Size |
| 5,000-15,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1 1
PROPERTY TAXES
| Parcel Number | 08-24-201-010 | Improvements Assessment | $210,387 (2024) |
| Land Assessment | $60,738 (2024) | Total Assessment | $271,125 (2024) |
PROPERTY TAXES
Parcel Number
08-24-201-010
Land Assessment
$60,738 (2024)
Improvements Assessment
$210,387 (2024)
Total Assessment
$271,125 (2024)
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