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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
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
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 | - | - |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 11-05-202-003 | Improvements Assessment | $116,251 |
| Land Assessment | $56,672 | Total Assessment | $172,923 |
Property Taxes
Parcel Number
11-05-202-003
Land Assessment
$56,672
Improvements Assessment
$116,251
Total Assessment
$172,923
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808 Hicks Dr
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