2019-2025 Main Street Rd

5,000 SF 100% Leased Retail Building Spring Grove, IL 60081 $309,000 ($62/SF) 6.37% Cap Rate

INVESTMENT HIGHLIGHTS

  • Fully Rented
  • 3 Phase Electric Available
  • Newer Roof

EXECUTIVE SUMMARY

Great Investment Opportunity. 4 Units, Fully Leased Retail/Office Center located in the heart of Spring Grove. Long term tenants, Newer Roof, Newer Electric, Well Maintained Building, Separate Utilities, on City Water & Sewer. Access to High Speed Internet. 3 Phase Electric Available. Common Wash Rooms. Property Backs Up to Nippersink Creek. 6.17 Cap rate

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
C
Year Built
1953
Price
$309,000
Price Per SF
$62
Cap Rate
6.37%
NOI
$19,682
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.22 AC
Zoning
B2
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
100 FT on Main

NEARBY MAJOR RETAILERS

Chase Bank
Jewel-Osco
Starbucks

PROPERTY TAXES

  • Listing ID: 33152261

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 2019-2025 Main Street Rd, Spring Grove, IL 60081