3121 N Illinois St | Swansea, IL 62226
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- LoopNet Team
3121 N Illinois St
Swansea, IL 62226
10 Year Lease - 8% Cap · Office Property For Sale
Investment Highlights
- Long term Sale Leaseback with Rice Sullivan & Merrill Lynch just renewed a long term lease
- Great visibility - located directly on Hwy 159
- Beautiful building and very well maintained
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
18,185 SF
Building Class
B
Year Built/Renovated
2004/2006
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,185 SF
Building FAR
0.21
Lot Size
2.00 AC
Zoning
Commerical Office
Parking
70 Spaces (3.85 Spaces per 1,000 SF Leased)
Amenities
- Commuter Rail
- Signage
About 3121 N Illinois St , Swansea, IL 62226
Unique Multi-Tenant, 100% Occupied, Sale Leaseback, Rice Sullivan will sign a 10 year Lease Agreement at Closing, An 18,185 Sq Ft Class A Office Building, Built in 2004 and expanded in 2006 for Merrill Lynch, Both tenants have occupied the building since inception, Offered at $3,400,000 or $186.97 per Sq Ft, Capitalization Rate = 8% based on Proforma, Rice Sullivan has been a Trusted CPA Firm in the area for over 55 years
PROPERTY TAXES
| Parcel Number | 08-09.0-206-022 | Improvements Assessment | $593,768 |
| Land Assessment | $196,363 | Total Assessment | $790,131 |
PROPERTY TAXES
Parcel Number
08-09.0-206-022
Land Assessment
$196,363
Improvements Assessment
$593,768
Total Assessment
$790,131
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