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Galewood Roofing Building 2641 Davisson St

7,500 SF Industrial Building River Grove, IL 60171 $950,000 ($127/SF)

Investment Highlights

  • Owner willing to hold paper
  • Drains with triple catch basin
  • Dry sprinkler system
  • 2 Docks
  • 10,000 square foot gated yard
  • 2 over head doors (14 ft and 12 ft)

Executive Summary

Introducing an exceptional commercial property in River Grove, IL! This 7,500 square foot bow truss building is packed with features including two overhead doors, one 14 feet high and the other 12 feet high, along with two docks for efficient logistics. Complementing this space is 10,000 square feet of gated land surrounding the building, a rare find in this area. It also includes a 1,300 square foot office space equipped with HVAC, making it ideal for various business needs. On the market for the first time in over 30 years, this property was previously used by a roofing company and boasts a warehouse with a drains and a triple catch basin, as well as a dry sprinkler system. Zoned M-1 for light manufacturing, it offers endless possibilities for its next owner. Plus, with the owner willing to finance the purchase and the benefit of low taxes across three PIN numbers, this opportunity is not to be missed! Electric is 200 Amp, 240 Volt, 3-Phase. Property is also for lease at $9.50 psf NNN. Pass-throughs are approximately $4.00 psf

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $950,000
Price Per SF $127
Sale Type Owner User
Sale Conditions Building in Shell Condition
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Auto Repair
  • Industrial Warehouse
  • OfficeLoft Creative Space
Building Class B
Lot Size 0.40 AC
Rentable Building Area 7,500 SF
No. Stories 1
Year Built 1954
Tenancy Single
Clear Ceiling Height 13 FT
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Fenced Lot
  • Floor Drains
  • Skylights
  • Yard

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-26-407-004-0000
  • 12-26-407-003-0000
  • 12-26-407-005-0000
Land Assessment
$46,080
Improvements Assessment
$26,441
Total Assessment
$72,521
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023 Payable 2024

zoning

Zoning Code M-1 (Light Manufacturing Heavy retail and service Motor vehicle service and repair, minor and major Office)
M-1 (Light Manufacturing Heavy retail and service Motor vehicle service and repair, minor and major Office)
  • Listing ID: 32591880

  • Date on Market: 7/26/2024

  • Last Updated:

  • Address: 2641 Davisson St, River Grove, IL 60171

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