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808 Hicks Dr 7,000 SF Industrial Building Elburn, IL 60119 $1,650,000 ($235.71/SF) 19.33% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Business and Building For Sale
  • 16 ft Clearance
  • 6,650 sq ft of Warehouse Space. 350 sq ft of Office Space
  • Established CNC Machine shop with Aviation Industry Contracts
  • 2 Drive In Doors
  • Large Acre Plus Lot with Outside Storage Possibilities

EXECUTIVE SUMMARY

Established CNC Machinery Shop, specializing in refined metal components for Aviation Industry. Business and Building for Sale. Existing Contracts, Customer Base, Equipment and 7,000 sq ft 1 Story Building sitting on a 1 Acre Plus Site makes this an enticing opportunity. Located in Elburn IL near Rt 47, 88, Rt 64, Rt 38 and Rt 90 for Transportation convenience. Sitting on over an acre with plenty of outside storage, over 6,600 sq ft of manufacturing warehouse space and 350 sq ft of office. Two bathrooms and a kitchenette for staff. Two Drive in doors with 14 ft clearance. 16 ft clearance throughout the facility. 3 Phase power. The building was designed for the possibility of adding a dock door off the main road. The business has a long history of success with a three year average Gross revenue of $677,176. The adjusted EBITDA over 6.5%.

PROPERTY FACTS

Price $1,650,000
Price Per SF $235.71
Sale Type Investment or Owner User
Cap Rate 19.33%
Property Type Industrial
Building Class B
Lot Size 1.02 AC
Rentable Building Area 7,000 SF
No. Stories 1
Year Built 1993
Tenancy Single
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2
Zoning M1

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Ralph B Evans Machinery
  • Manufacturing
  • 7,000 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Ralph B Evans Machinery Manufacturing 7,000 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-05-202-003
Land Assessment
$56,672
Improvements Assessment
$116,251
Total Assessment
$172,923
  • Listing ID: 38938970

  • Date on Market: 12/31/2025

  • Last Updated:

  • Address: 808 Hicks Dr, Elburn, IL 60119

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