2019-2025 Main Street Rd
5,000 SF 100% Leased Retail Building Spring Grove, IL 60081 $309,000 ($62/SF) 6.37% Cap Rate
![2019-2025 Main Street Rd, Spring Grove, IL for sale - Building Photo - Image 1 of 12](https://images1.loopnet.com/i2/dfQt6rsRptTIycjPWpKlNYru34iLNcJB1A3QjGr-QCs/110/2019-2025-Main-Street-Rd-Spring-Grove-IL-Building-Photo-1-Large.jpg)
![2019-2025 Main Street Rd, Spring Grove, IL for sale - Building Photo - Image 2 of 12](https://images1.loopnet.com/i2/ojZBTtX6pDEy-Gocwp_6rFA8cqQyII53x1Bm5W7PUAM/110/2019-2025-Main-Street-Rd-Spring-Grove-IL-Building-Photo-2-Large.jpg)
![2019-2025 Main Street Rd, Spring Grove, IL for sale - Building Photo - Image 3 of 12](https://images1.loopnet.com/i2/Juec8VqvPzlFCiDvMcEpR4AjFRSizlvc0C1dDSKJwXc/110/2019-2025-Main-Street-Rd-Spring-Grove-IL-Building-Photo-3-Large.jpg)
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
- Miscellaneous
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 Chase Bank](https://images1.loopnet.com/i2/bw7biemERZsLn6pwfbqBPxA99wBdOhsB0H3fRLW4AE8/105/image.png)
![Jewel-Osco Jewel-Osco](https://images1.loopnet.com/i2/UUClZ4L6ydIE3L7hElhGIIvUKOdrrxrCAjB_7DAqh1I/105/image.png)
![Starbucks Starbucks](https://images1.loopnet.com/i2/V11gp9X1QvF-sYuRU43vwjphTt976BD4p9n50Z1aR1w/105/image.png)
PROPERTY TAXES
Parcel Number | 05-30-105-001 | Improvements Assessment | $66,629 |
Land Assessment | $9,825 | Total Assessment | $76,454 |