Homes for sale - 9001 US Route 12, Richmond, IL 60071

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Craig Hogan

[email protected] +1(773) 742-5929

$ 475,000

Est. payment -/mo

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9001 US Route 12 Richmond, IL 60071

4,000 SqFt

UPDATED:

09/17/2024 05:07 AM

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $118

MLS Listing ID 12161544

Year Built 1959

Annual Tax Amount $7,607

Tax Year 2023

Lot Dimensions 278 X 200 X 188 X150

Property Description

FULLY LEASED INVESTMENT OR USER/INVESTOR OPPORTUNITY 2-UNIT AUTO CENTER 100% leased 2-unit automotive building with long leases thru 2029*. Pete's Paint Works & Medina Cars are both long term tenants (since 1986 and 2016). All masonry building on US Highway 12. Pete's Paint address is 9001 and Medina Cars is 9003. (*) Medina expires 2026 with an option to renew thru 2029. Original building built in 1959 with additions. New Membrane roof and overhead doors. USER/INVESTOR POTENTIAL-Auto body tenant will move out for a buyer who needs his 2800 sf space. 9.68% CAP rate. Ask broker for rent roll and operating statement. Owner is a licensed Illinois Broker.

Location

State IL

County Mchenry

Area Richmond

Zoning COMMR

Interior

Cooling Office Only, Partial

Flooring Concrete

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Holding Tank/s, Sanitary Sewer, Water-Municipal, Water to Site

Roof Type Membrane

Building

Dwelling Type Retail/Stores

Level or Stories 1

Structure Type Brick,Block

Listed by Bruce Kaplan • Premier Commercial Realty

Craig Rudy | Rudy Zavala

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