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Executive Summary

MANTENO, IL - NNN Investment Property for Sale!
$19,576 / MONTH NET INCOME with over 6 years remaining on the lease (with 2 - 5 year options).
Grade "A" Manufacturing Tenant!
Offered at a 7.2 Cap Rate, this fully leased 50,000 square foot facility is for Sale in Manteno Diversatech Campus.
This site provides large open warehouse / manufacturing space, 3 docks, a receiving area and office space.
The building is in good condition top to bottom! Great Investment Property!

Property Facts

Price $3,250,000
Price Per SF $69.83
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 10.21 AC
Rentable Building Area 46,539 SF
No. Stories 1
Year Built 1987
Tenancy Single
Parking Ratio 1.75/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Zoning I2

Amenities

  • Cooler

Utilities

  • Heating - Gas
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
03-02-26-201-224
Land Assessment
$65,484
Improvements Assessment
$601,807
Total Assessment
$667,291
  • Listing ID: 33365620

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 655 Mulberry, Manteno, IL 60950

Contact the Sale Advisor

655 Mulberry

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