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$680,000
16,000
square ft

26639 Commerce Drive #403-404
Volo, Illinois 60073

Closed / MLS #10812869 / Industrial / Volo
Listing information updated 12/18/2020 at 2:23pm
These 2 Industrial condominium units are part of a 4- unit building built in 2002. They are connected internally and occupied by a single tenant who is a commercial manufacturer with a strong occupancy and rental history. Each unit has independent commercial drive in doors and loading docks. They also have separate gas and 277/480V 3 Phase power. Heating is provided by 3-4 overhead gas powered heating systems. The roof is constructed with a Firestone rubber membrane. All roofing, HVAC, driveways, landscaping and brick tuckpointing are regularly maintained and covered by HOA fees (including exterior building insurance). These pristine, fully leased units are offered at an 8% Cap Rate. The units are offered as a package, not individually. This area of Volo is growing both commercially and residentially. These units are in a thriving commercial complex that includes a stable children's day care center. Located near the intersections of Route 120 and Route 60, the average car count per day exceeds 24,000. Association Dues: Unit 403: $9,636/YR; Unit 404: $9,636/YR
Built:
2003
Cooling System:
None
Stories:
1
Ceiling Height:
16
# of Drive-In Doors:
4
Rentable Square Feet:
16,000
Building Square Feet:
16,000
Minimum Ceiling Height:
16
Maximum Ceiling Height:
16
Current Net Income:
$56,000
Tax Amount:
$23,153
Tax Year:
N/A
Zip Code:
60073
City:
Volo
County:
Lake

Listing Office: AW Properties Global/Auction Works

Listing Office Phone: 847.509.2757

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/18/2020 at 2:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Volo, IL

Originally named Forksville, the Village of Volo was thriving for more than a century before it reached a fork in the road: incorporate or risk being consumed by surrounding villages. Volo chose to incorporate in 1993 to protect its way of life. Now, the village is home to several locally owned anti...
$347,761
Average Sale Price
44
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 26639 Commerce Drive #403-404, Volo, IL 60073
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26639 Commerce Drive #403-404, Volo, IL 60073 is a industrial which sold for $680,000. This industrial has been listed on @properties Christie's International Real Estate since August 10th, 2020 and was built in 2003.

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