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1219 Currency Ct
2,000 SF 100% Leased Office Building Rochelle, IL 61068 $325,000 ($163/SF)
Investment Highlights
- The building can also be leased - Lease SF/Y:$15 Min Rental: 250SF and Max Rental: 2000SF
- Shared Breakroom/Private & Public Bathrooms/Large Exam Rooms w/sink and counterspace/Conference Room
- Excellent Location Modern One Story Office - 2 Unit Building with 19 Parking Spaces
- Current Tenant would like to continue w/2-3 year lease w/option to extend
- Multi-Tenant/Handicapped Access/Furnished Units Available
Executive Summary
Financial Summary (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$28,800
|
$14.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$28,800
|
$14.40
|
| Taxes |
$9,275
|
$4.64
|
| Operating Expenses |
$14,952
|
$7.48
|
| Total Expenses |
$24,227
|
$12.11
|
| Net Operating Income |
$4,573
|
$2.29
|
Financial Summary (Actual - 2021)
| Gross Rental Income | |
|---|---|
| Annual | $28,800 |
| Annual Per SF | $14.40 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $28,800 |
| Annual Per SF | $14.40 |
| Taxes | |
|---|---|
| Annual | $9,275 |
| Annual Per SF | $4.64 |
| Operating Expenses | |
|---|---|
| Annual | $14,952 |
| Annual Per SF | $7.48 |
| Total Expenses | |
|---|---|
| Annual | $24,227 |
| Annual Per SF | $12.11 |
| Net Operating Income | |
|---|---|
| Annual | $4,573 |
| Annual Per SF | $2.29 |
Property Facts
Amenities
- Bio-Tech/ Lab Space
- Reception
- Central Heating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Also Available For Sale. Willing to sell practice, or rent to own. 2 entrances. 3-4 exam rooms. 2 private offices. Reception area. Seller is extremely motivated, and very flexible.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,000 SF | Office/Medical | Full Build-Out | 30 Days |
1st Floor
| Size |
| 2,000 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 2,000 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | 30 Days |
Also Available For Sale. Willing to sell practice, or rent to own. 2 entrances. 3-4 exam rooms. 2 private offices. Reception area. Seller is extremely motivated, and very flexible.
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $152,438 (2023) | |
| Land Assessment | $17,006 (2023) | Annual Taxes | $9,275 ($4.64/SF) |
| Improvements Assessment | $135,432 (2023) | Tax Year | 2021 Payable 2022 |
PROPERTY TAXES
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1219 Currency Ct
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